American retailer Toys “R” Us has filed for bankruptcy as the retailer, loaded with debt in a buyout more than a decade ago, failed to keep consumers from abandoning its stores for the lower prices and convenience of online shopping
Author: Agency Staff
Zambia is seeking bidders for a fourth mobile network licence to take on operators including market leader MTN in the Southern African country, transport & communications minister Brian Mushimba said. The ministry last week
The world’s central banks can’t sit back and ignore the growth in cryptocurrencies as it could pose a risk to the stability of the financial system, according to the Bank for International Settlements. It said
How much is your personal data worth to you? A lot. And how much is it worth to an identity thief? You may be surprised, or insulted, or enraged, to find out. Verified high-limit credit cards from countries including the US, Japan
If you’re an actor or producer in Hollywood, it’s hard to miss the flag Netflix has planted in Tinseltown. Its new 14-storey tower is visible for kilometres in sprawling Los Angeles, topped by the company’s red logo. The smell of popcorn
The South African Social Security Agency said it’s in talks with national treasury to provide additional funding so that it can comply with a constitutional court order and replace Net1 UEPS Technologies as the distributor of
Bitcoin has tumbled, heading for its worst week since January 2015, after people familiar with the matter said China aims to stop exchange trading of cryptocurrencies by the end of September. Regional Chinese regulators were
After helping topple one of Britain’s best known PR companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co and auditing firm KPMG for doing work for
It’s been a busy week for Apple. While CEO Tim Cook showed off the 10th anniversary iPhone in California, his lieutenants worked half a world away on what may become the company’s largest deal ever. Apple is in talks to invest
Oracle’s streak of revenue gains continued for a fifth straight quarter, buoyed by corporate demand for cloud-based software. Adjusted sales rose 7% to $9.2bn in the fiscal first quarter, exceeding analysts’ estimates, as sales