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
US President Donald Trump’s clash with Silicon Valley over immigration is about to become even more contentious. After the new president banned refugees and travellers from seven
Snap, the maker of messaging app Snapchat, plans to reveal financial statements and other disclosures for its initial public offering by late this week, according to a person familiar with the matter. It will be the public’s first chance
Google has asked staffers who may have been affected by a new executive order on immigration to return to the US quickly, joining a growing number of technology executives voicing concerns over restrictions that could
Alphabet, Microsoft and Intel, which all posted quarterly results on Thursday, reinforced what’s become a truism in technology: the biggest growth is in businesses that deliver computing over the Internet. Microsoft topped projections on
