MTN Group’s fight with Nigerian authorities over $10-billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the outcome, the Reserve Bank said.
Author: Agency Staff
Ever since Chinese President Xi Jinping marked the opening of the first World Internet Conference in 2014, it was meant to usher in a new era of digital openness and project China as a champion of global cyber governance. Those promises are now starting to lie fallow.
South Africa’s state-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.
Uber Technologies has said it will triple headcount working on food delivery across Europe, the Middle East and Africa in its fight for market share against local rivals.
Amazon.com’s yearlong search for a second headquarters is nearing an end, people with knowledge of the matter said.
Bill Gates thinks toilets are a serious business, and he’s betting big that a reinvention of this most essential of conveniences can save a half million lives and deliver $200-billion-plus in savings.
Apple has told Foxconn and Pegatron to halt plans for additional production lines dedicated to iPhone Xr, the Nikkei reports, citing unidentified people familiar with the matter.
Naspers affiliate Tencent will expand its age-verification system to encompass its entire games line-up, an unprecedented undertaking in response to growing criticism it encourages addiction among youngsters.
Although Facebook may have tamped down on hoax news in the US, bigger problems remain, driven by the viral nature of shocking content.
An estimated $6-trillion is theoretically needed to build the infrastructure that electric cars need such as charging stations and power networks. That’s about 7.5% of the world’s GDP.