Author: Agency Staff

Critics of bitcoin often argue that it’s useless as a means of payment, one of the key elements of any successful currency. That’s not quite right, and likely to become less so. First, a reminder on how bitcoin works. If I want to send someone

Eskom is wasting no time approaching potential lenders in the hope that Saturday’s board overhaul was enough to ease concerns about governance at the struggling utility. The company will ask banks for funding commitments to

Netflix surged in late trading after a blow-out quarter, vaulting past US$100bn in market value for the first time to put the video service on a lofty perch with the likes of Goldman Sachs Group and Qualcomm. The world’s largest online

fter months of tinkering, Amazon.com has finally deemed its cashier-free convenience store ready for business. Amazon Go, as the outpost is called, opened its doors to the public on Monday. The US store is outfitted with

Richemont’s decision to plough €2.7bn into e-commerce by buying out Yoox Net-a-Porter is a wake-up call to sceptics who thought consumers would never buy US$5 000 Cartier necklaces and $50 000 Vacheron

Facebook acknowledged on Monday that social media can have a negative impact on democracies, and that the company has more work to do in order to ensure that the good outweighs the bad. “From the Arab Spring to robust elections around the

The clock is ticking on President Jacob Zuma’s scandal-ridden administration as his deputy, Cyril Ramaphosa, flexes his political muscles and shows he’s increasingly wielding state power to stamp out corruption and revive the

South Africa appointed a new board at struggling utility Eskom, with Jabu Mabuza becoming chairman, and ordered a new permanent CEO to be named within three months. As well as the appointment of Telkom chairman Mabuza

Authorities in drought-stricken Cape Town have told residents that it is “now likely” that water supplies will be cut because of dwindling levels in dams serving the country’s second largest metropolis. Cape Town will impose tighter water