Electric cars won’t take over the road for a while

Electric vehicles will make up as many as eight out of 10 new cars sold in 2050. But it will still be a long road before they dislodge gasoline as the predominant fuel in transportation. This is the word from IHS Markit vice-chairman Daniel Yergin, writing in his new...

Develop supply chain professionals to stay competitive

To remain competitive in an ever-changing environment, chief supply chain officers (CSCOS) must apply advanced strategies to develop and train supply chain talent, according to Gartner. “Despite the disruption caused by the Covid-19 pandemic, many companies are...

SK Hynix to buy Intel’s NAND business

SK hynix will acquire Intel’s NAND memory and storage business for $9-billion. The transaction includes the NAND SSD business, the NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China. Intel will retain its distinct Intel...

SA car market shows signs of recovery

The South African car market showed signs of resilience in Q3 2020, bouncing back from an all-time low Q2 to record month-on-month increases in the number of new and used cars financed in August and September, according to the latest TransUnion SA Vehicle Pricing...

CDC increases Liquid Telecom investment

UK-based development finance institution and impact investor CDC Group has announced an additional $40-million equity investment into Liquid Telecom. This marks CDC’s second investment in the company, following a $180-million equity investment in 2018....

JSE Investment Challenge winners announced

The Johannesburg Stock Exchange (JSE) Investment Challenge has announced the 2020 winners. In the 2020 edition of the Investment Challenge, thousands of high school leaners and university students showed resilience and delivered outstanding performance. The teams...