Richard Branson’s Virgin Group and retail solutions provider Smollan have acquired a stake in Cape Town-based mobile loyalty software company wiGroup, joining Investec Asset Management and Crossfin Technology Holdings
Author: Staff Reporter
Shares in MTN Group rose in Johannesburg on Monday morning after the telecommunications group issued a positive earnings update, though it provided no detailed guidance on the numbers. It said in a statement on the JSE’s stock
The Public Investment Corp, which invests pension money on behalf of government workers, has acquired a 25% stake in new South African stock exchange ZAR X for an undisclosed sum. The PIC, which has assets
The first direct submarine cable link between Africa and South Africa is nearing completion, the company backing its construction said on Thursday. The “wet-plant” installation of the South Atlantic Cable System is progressing
Artificial intelligence chips will be standard in smartphones in five years’ time and will underpin a range of machine-learning applications, according to a new research report. Deloitte has published its global predictions
Irdeto, a subsidiary of JSE-listed Naspers, has acquired anti-piracy specialist Denuvo, which works with videogame giants such as Electronic Arts and UbiSoft. Denuvo provides technology and services for game publishers
Facebook has launched a classifieds marketplace in South Africa, taking on the giants in the space such as Gumtree and OLX. Facebook Marketplace offers users a single destination, built into the social media’s website, where they
Dimension Data division Internet Solutions said on Monday that it has reached an agreement with Cell C that will allow it to expand its 4G/LTE service offering, providing customers with an alternative to fixed broadband. Internet service providers can
Rubben Mohlaloga cannot serve as the new chairman of the council of communications regulator Icasa because he has been convicted of fraud, Democratic Alliance MP Phumzile Van Damme said on
TCL, the Chinese company that manufactures BlackBerry and Alcatel handsets, is ramping up its focus on the South African market, on Wednesday taking the wraps off a new smartwatch aimed at children (and parents