MTN Group is close to agreeing an $800-million settlement with Nigerian authorities over a claim it illegally transferred $8.1-billion funds out of the country, according to a person familiar with the situation.
Author: Agency Staff
Bitcoin has tumbled below $6 000 for the first time since August and reached the lowest level in over a year, breaking the recent stretch of tranquility.
The SABC board and senior executives have told MPs that they have begun a process to consult labour unions over its intention to retrench permanent staffers and freelancers.
Ripple Labs is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, CEO Brad Garlinghouse said.
In a world where iPhone demand is on the wane, Apple has a Plan B. But there’s no back-up for many of the companies that supply components for the iPhone.
MTN Group’s Rwanda unit is considering a share sale on the country’s stock exchange to help fund planned network upgrades.
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Home affairs minister Malusi Gigaba has succumbed to pressure to quit after a court found he’d lied under oath and a compromising video of him was circulated on social media.
SAP, Europe’s biggest technology company, has agreed to buy Qualtrics International for $8-billion in cash, preempting the US enterprise software company’s plans to go public.
South Africa’s deputy energy minister expects the latest round of climate talks will make global markets cleaner starting next year and defended her nation’s coal use as a way to reduce poverty.