South Africa’s biggest business lobby criticised the government’s handling of the crisis at power utility Eskom and said it was unrealistic in its approach to the country’s growing debt burden.
Author: Agency Staff
Shares of the biggest videogame makers tumbled on Monday after President Donald Trump blamed the industry for contributing to a culture of violence in the US.
Apple shares had their biggest one-day slump in more than two months amid the latest escalation of trade tensions between the US and China.
Cloudflare, a US Internet firm that helps websites protect and distribute content, said it is terminating support for 8chan after the gunman in a mass shooting allegedly drew inspiration from members in the online messaging forum.
Bitcoin climbed past the $11 000 level for the first time since mid-July to lead gains among the biggest cryptocurrencies, as risk assets across Asia tumbled on escalating trade war tensions.
Zimbabwe’s Econet Wireless will shut its African pay-television unit due to the country’s economic condition and shortage of foreign currency, group CEO Douglas Mboweni said.
Top South African businessmen called upon to help save ailing state-owned companies are abandoning their posts, frustrated by indecision and political interference.
Facebook plans to attach its name to Instagram and WhatsApp, branding them “Instagram from Facebook” and “WhatsApp from Facebook”.
Naspers has corrected a problem that forced Africa’s biggest company to delay a planned listing of Internet assets in Amsterdam, sending mail to the right addresses to reach shareholders.
Google will require rivals to bid in order to become listed as alternative search providers on Android smartphones, a move to try to keep additional antitrust scrutiny at bay.