Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker explores a strategic shift.
Author: Agency Staff
Liquid Telecom, majority owned by African telecommunications tycoon Strive Masiyiwa, raised $840-million in a bond sale to refinance debt and expand further into Africa.
Unless you’re the world’s richest person, you shouldn’t be buying bitcoin. That’s the message from Bill Gates – the third richest.
African e-commerce pioneer Jumia said on Wednesday its cost cuts helped it reduce fourth quarter losses by 47% from a year ago, even as revenues continue to slide, showing that its path to profitability was on course.
Nvidia forecast better-than-expected financial first quarter revenue on Wednesday, with its flagship gaming chips expected to remain in tight supply for the next several months.
Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as R1.5-billion by April with the industry poised to grow.
South Africa signalled a shift in budgetary policy, backtracking on planned tax increases as it switched focus to reigniting the coronavirus-battered economy by bolstering consumption and investment.
South Africa could spend as much as R19.3-billion over the next three years to vaccinate most of its population against Covid-19, national treasury said in a budget presented to parliament on Wednesday.
The architect of Australia’s laws forcing Google and Facebook to pay media companies for content claimed victory on Wednesday though critics said last-minute changes favoured Big Tech.
Facebook’s brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the world’s biggest social network faces in 2021.










