South Africa’s Afro Voice newspaper will publish its last edition on Friday, less than a year after the Gupta family sold the publication’s publisher to an ally of former President Jacob Zuma, according to two people
Author: Agency Staff
And then there were none. At the dawn of 2018, three African phone tower companies had dreams of selling shares in London or New York. The most optimistic estimates pegged their potential combined valuation at
Airbnb’s Brian Chesky is trying to soothe the masses. The co-founder and CEO of the home-sharing website told employees on Thursday that it will pay them cash bonuses and is aiming to hold an IPO before late
Bitcoin sank further below $6 000 on Friday, heading for a second straight month of declines at around 20%, as demand for the largest cryptocurrency continues to suffer from security and regulatory concerns
South Africa’s cash-strapped power utility is “a threat” to the nation’s investment strategy, finance minister Nhlanhla Nene said on Thursday. The government plans to offer incentives to lure $100-billion
Huawei Technologies has lately become a prominent target for US factions seeking to raise alarms over alleged Chinese espionage and technology theft. Now Huawei’s striking back. Eric Xu, the company’s current
Microsoft agreed to pay US$7.50-billion for GitHub earlier in June, but it wasn’t the only interested party. Google was in the running too, according to Diane Greene, head of the company’s cloud arm. “I wouldn’t
When Chinese media company StarTimes entered Ivory Coast’s pay-TV market two years ago, Canal+ appeared to take notice. A few months later, the unit of France’s Vivendi cut the cost of its decoder by a third. StarTimes has
Apple and Samsung Electronics have reached a settlement in their US patents battle, putting an end to a seven-year fight over smartphone designs. The string of lawsuits started in 2011 when Apple sued Samsung for
EOH Holdings, the ICT firm that is splitting into two divisions, will consider spinning off one of the units and trading the shares separately. The Johannesburg-based company plans to lump its ICT businesses