The Naspers-controlled Internet investment firm has agreed to pay as much as €1.8-billion to acquire a further 33.3% stake in Brazil’s iFood.

The Prudential Authority has issued a “guidance note” to local banks saying they should provide banking facilities to crypto exchanges.

Telkom has become the latest telecoms operator to muscle into the banks’ traditional area of expertise, offering loans to small businesses.

Apple is aiming to hold a launch event on 7 September to unveil the iPhone 14 line, according to people with knowledge of the matter.

Icasa has begun the process of making more radio frequency spectrum available to operators wanting to provide broadband services.

As feared, Eskom will again implement rolling power cuts nationwide from 4pm on Wednesday, with a repeat to take place on Thursday.