Facebook shares jumped in late trading after the company reported second quarter revenue that beat analysts’ projections, lifted by surging sales of video and Instagram ads and a boost in users. Second quarter
Author: Agency Staff
Six of the axed SABC journalists reported back to work on Thursday after the public broadcaster did an about-turn, saying that it would not proceed with further legal action. The journalists arrived
Samsung Electronics reported second quarter profit that beat analysts’ estimates, fuelled by stronger sales of Galaxy S7 smartphones and aggressive cost cuts. Net income, excluding minority interests
MTN Group has kick-started the process of listing its biggest subsidiary, MTN Nigeria, on the Nigerian Stock Exchange. It said it intends to float the shares “as soon as commercially and legally possible”. The South
The battle over South Africa’s wireless broadband spectrum auction highlights significant government policy missteps, said local technology analyst Arthur Goldstuck. Debate over a planned wireless broadband spectrum by communications
A lack of ideas is a gloomy thing to behold in a tech leader. Executives try to strike all the right notes and use all the latest buzzwords, but the numbers show a disturbing trend and competitors are way ahead with real innovations that can be
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing
Four journalists from the SABC have been refused entry into work at the broadcaster’s Johannesburg offices, despite the labour court ruling that their dismissals were unlawful. The SABC on Wednesday
A 1 500-word manifesto that Elon Musk unveiled last week, outlining his plan to expand Tesla Motors’ electric vehicle line and to build “stunning solar roofs”, may end up costing the company tens of billions
Africa’s start-ups are seizing an opportunity they say Google and Apple have missed – making apps for non-smartphones. In a region where the average customer doesn’t own a smartphone or a bank card, hundreds of millions