The loan for around R11.4 billion, at a highly concessional rate, will make a significant contribution to lowering SA’s borrowing costs for the year, which escalated over the past five years as investors have come to view SA as increasingly risky.

After leading global efforts to identify new strains of the coronavirus.

Shares of Netflix fell as much as 20% to $404.50 in after-hours trading, erasing about $45 billion in market value as investors braced for the prospect that the streaming giant is entering a new phase of slower growth.

Cardholders can also elect to stick with the card’s classic design.

Among other notable technology and internet names, Amazon.com shares fell 3% and closed at their lowest since March. Apple and Alphabet both fell more than 1%.

The World Bank has approved South Africa’s request for a $750 million (R11.4 billion) development policy loan.

The Nasdaq 100 dropped 1.3% to close at 14 846.46, pulling it down more than 10% from its November 19 closing record.

Risk management committee plans to hire additional financial and legal advisers.

Netflix Inc expects to add just 2.5 million subscribers this quarter, a number that falls short of Wall Street’s estimates and would mark the slowest start to a new year for the company in at least a decade.

As the automaker struggles to keep up with demand for the iconic sports utility vehicle amid supply-chain disruptions.

South African president Cyril Ramaphosa said tourism minister Lindiwe Sisulu apologised for a series of articles criticizing the nation’s judiciary. The minister denied the president’s statement.

FNB’s Wayne McCurrie unpacks the Woolies and Distell updates. Sean Sanders of Revix on what the growth of the metaverse, NFTs space and online gaming have in common. Simon talks BHP Group changing its dual listing structure and why this will trigger a CGT event for shareholders.

Spot gold rose 0.1% to $1 841.56 an ounce by 11:28 a.m. in Singapore, and is up 1.3% this week.

Bitcoin is proving once again that its long-touted classification as an uncorrelated asset is more folklore than fact.

The firm also said it will slow production at up to 11 plants in Japan due to rising Covid infections.

The conflict at Clover is seen as a matter of supporting either greater benefit to the majority or increased profits to the shareholding few, says Terry Bell.

Collinson, which also runs airport lounges and other travel services, thinks tests are bad for business.

A damning report says errors could be repeated after 134,000 people were underpaid their state pension.

Britishvolt says the money unlocks huge private investment for a protect that will create thousands of jobs.

Rail chiefs are set to get rid of unnecessary on-board announcements to make journeys more peaceful.