MultiChoice has increased prices for monthly subscriptions in Nigeria by at least 14%, after this month’s settlement with Nigerian tax authorities.
Author: Agency Staff
The Reserve Bank raised its main lending rate by 25 basis points to 4.25% on Thursday, citing inflation risks linked to the war in Ukraine.
Adobe gave a disappointing outlook for the current period, suggesting increased competition is making a dent against the company’s signature design software.
Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter, the slowest pace since it went public in 2004.
Hundreds of customers of digital authentication firm Okta have possibly been affected by a security breach caused by a hacking group known as Lapsus$.
The rand has strengthened to a five-month high on expectations that the central bank will raise interest rates. Portfolio inflows also underpinned its rally.
Share buybacks are emerging as the hottest trend among Chinese tech giants and industry leader Tencent Holdings may be the next to jump on the bandwagon.
Okta, whose authentication services are used by companies to provide access to their networks, is investigating a digital breach.
Drivers working for Uber, Bolt and other ride-hailing services in South Africa embarked on a strike to protest against record-high petrol prices.
Eskom plans to propose that some of the funding to help tackle climate change take the form of loans to the government that could be converted to equity in the utility when needed.