Author: Agency Staff

New allegations by President Jacob Zuma’s supporters that South Africa’s biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation’s financial system, including the treasury. Protestors from the

Government is considering a one-year extension to a contract with Net1 UEPS Technologies to make welfare payments to 17,2m people even after legal battles with the company, according to a government official with knowledge of

Apple attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant upgrade to its flagship product this year — and the services revenue that these devices are increasingly generating. Existing iPhone users upgraded

Apple reported quarterly revenue that topped analyst projections, fuelled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3,3% to US$78,4bn, with earnings of $3,36/share in the three months to 31

The CEO of Net1 UEPS Technologies said a failure to extend its contract to distribute South African welfare payments beyond the end of March would be a “national disaster”, and offered to sell the business to the government. While the South African Social

From Amazon.com’s origins as a virtual bookstore, it became an online mall for every product imaginable. Then the company stealthily built a computing utility business that now generates the majority of its profit, and

The ANC is “under severe strain” and is being undermined by disunity, mistrust and organisational weakness, according to deputy President Cyril Ramaphosa. In power since Nelson Mandela led the party to victory in the

Three of South Africa’s biggest banks are considering bidding to distribute government welfare payments to more than 17m people as a contract with a unit of Net1 UEPS Technologies comes to an end after years of legal battles. The existing contract

US immigration restrictions introduced over the weekend are bringing the technology industry together in unified anger like never before. While the clampdown isn’t an immediate threat to businesses, emotions

A German consumer group has sued Facebook’s WhatsApp in a Berlin court over clauses that allow the messaging service to collect and transfer user data between the platforms. The suit is challenging the privacy terms WhatsApp