Musk under major emotional stress

In a tearful interview with the New York Times, Tesla CEO Elon Musk said the past year had been the most difficult and painful of his career.


Uganda wants MTN to list locally before licence extension

The country asks MTN Uganda to list some of its shares on the local stock exchange as a condition for renewing its operating licence.


Uber still long way from finding profit

The ride-hailing company narrows its quarterly loss but is far from proving it can be profitable as it gears up to go public in 2019.


No formal offer or deals for Musk's Tesla plan

Tesla's board appoints a special committee to decide what to do about CEO Elon Musk's potential offer to take the electric carmaker private.

14 Aug

Musk finally details plan to take Tesla private

Tesla CEO Elon Musk seeks to add credibility to his proposed $72 billion deal, tweeting details of financial advisers and sharing his vision via a blog.

13 Aug

Tesla's slow disclosure raises governance concerns

The handling of CEO Elon Musk's proposal to take Tesla private and its failure to promptly file a formal disclosure is a corporate governance lapse.

10 Aug

Samsung plans $22bn spending on new tech

Seeking new growth drivers, Samsung will invest $22 billion in artificial intelligence, 5G, electronic auto components and biopharmaceuticals.

10 Aug

Tesla's board seeks more info on Musk's financing plan

The board has not yet received a detailed financing plan from CEO Elon Musk, who has said he will take Tesla private in a deal worth $72 billion.

10 Aug

Naspers creates VOD unit as Netflix rivalry heats up

The company establishes the over-the-top video unit in a bid to counter stiff competition for video-on-demand from global players such as Netflix.

8 Aug

Elon Musk says taking Tesla private is 'best path'

The move will take the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.

3 Aug

Huawei sees smartphone shipments rebound in 2018

The company believes it could become the world's number one player in the fourth quarter of next year.