A record run of recorded inflows into South African stocks were the result of a programming error, with foreign investors in fact selling more shares than they bought over the period, the country’s stock exchange said. Rather than spending
Author: Agency Staff
Ericsson CEO Hans Vestberg stepped down after six and a half years at the helm of the Swedish telephone equipment maker, a period marked by a falling stock price, intense competition and investigations into the company’s business
On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said
Hacktivist group Anonymous Africa says it has inspired others to launch cyber attacks for political purposes in South Africa and across the region. Anonymous is a loose global network of hackers who launch attacks on
Computer programmers who work for digital advertising agencies earn, on average, 26% less than their counterparts in the ICT sector, according to a survey. Non-profit organisation, the Interactive Advertising Bureau of South Africa
South Africa’s economy is in a low-growth trap and the central bank is unable to assist its recovery, according to governor Lesetja Kganyago. “We are concerned about what has been happening with the growth outlook,” Kganyago
First National Bank says it has fixed a connectivity issue that impacted its services on Sunday. Clients of FNB on Sunday turned to social media to complain of an outage that affected banking and even mobile phone services. Several customers
South Africa’s economy needs to start expanding, and by a much higher rate, if it hopes to make any dent in poverty, says local economist Dawie Roodt. Projections for South Africa’s economy have gone from bad to worse with the South
Drastic mobile tariff price cuts by telecoms company Telkom could be ignored by the country’s biggest networks MTN and Vodacom, says an expert. Telkom on Thursday announced its “FreeMe” contract
One of the SABC 8, Vuyo Mvoko, will be approaching the high court to put him back on the air after the broadcaster terminated its contract with him. Mvoko said his lawyers were filing the papers on Friday morning. The application