Buffalo City Metro’s Kiwane Beach Resort, which cost taxpayers more than R25m in upgrades, is operating at a loss and has failed to bring much-needed revenue for the city. The resort, which BCM said offered world-class accommodation, was officially launched in September 2019 by former mayor Xola Pakati.
The RoboTruck 1T SUV unveiled at this week's Los Angeles Auto Show is not built by Tesla, as you’d expect, even if it looks a lot like Elon Musk’s contentious Cybertruck.
Tesla's margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting about more price cuts needed to boost demand.
China's electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more than a quarter of the share of EVs sold in the region.
The two men accused of abducting Bay biokineticist Riana Pretorius will have to wait another week to find out when their case will be transferred to the Gqeberha regional court.