Author: Staff Reporter

President Cyril Ramaphosa has gone into self-quarantine after being exposed to a dinner guest at the weekend who has since received a positive diagnosis for Covid-19.

Microsoft said on Thursday that it has expanded the Surface device range offered in South Africa with the introduction of the Surface Go 2 for both commercial and retail customers.

Cell C has reported an interim net loss after tax for the six months to June 2020 of R7.5-billion, but said this was mainly the result of once-off costs and adjustments and that normalised earnings actually grew by 64%.

Cryptocurrency exchange Luno, previously backed by Naspers but now owned by Digital Currency Group, has launched a savings wallet, offering customers interest of up to 4%/year on their bitcoin holdings.

Nyiko Shiburi has been appointed as CEO of MultiChoice South Africa, replacing Mark Rayner, as the pay-television group announces sweeping management changes.

US fintech and Internet payments leader Stripe said on Thursday that it is acquiring Paystack, a Nigerian payments start-up, as it looks to grow its footprint across the African continent.

South Africa’s fifth mobile operator, Rain, has launched “unlimited 4G for phones”, offering uncapped on-device data for R379/month on a month-to-month contract.

Emerging markets investment firm Actis has agreed to buy a controlling stake in Cape Town-based fibre broadband network operator Octotel.

Rain CEO Willem Roos will step down, Business Day reported on Tuesday, citing a company statement. He will relinquish the role in March 2021.

JSE-listed technology group Altron has appointed Collin Govender, currently its group CIO, as MD its Altron Karabina subsidiary following the impending exit of incumbent Grant van der Wal.