A unit of the South African Police Service said it’s started an investigation into an alleged cryptocurrency investment fraud that has affected more than 28 000 people and led to losses of more than R1bn. The allegations
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Sygnia, the financial services group headed by outspoken businesswoman Magda Wierzycka, plans to launch a cryptocurrency exchange in the third quarter of 2018 that will allow its clients to trade in crypto assets
From technology giant Facebook to libraries and schools, organisations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over
South Africa’s central bank chooses to call digital currencies such as bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money. “We don’t use the term ‘cryptocurrency’ because it doesn’t
MTN Group CEO Rob Shuter said on Thursday at the telecommunications operator’s annual general meeting of shareholders that it still expects to declare a full-year dividend for 2018 of R5/share despite impending US
Cell C chief financial officer Tyrone Soondarjee is stepping down at the end of the month, less than a year after joining the mobile operator. On a wide-ranging call with analysts on Thursday after markets closed, Soondarjee
Uber Eats, the food delivery business of ride-hailing giant Uber, has acquired South African-owned restaurant technology company orderTalk in what is being billed as a significant exit for Cape Town-based venture capital investor
eMedia Holdings, which indirectly owns e.tv, OpenView HD and 24-hour news channel eNCA, has report a R1.6bn loss for the 2018 financial year, from a profit in 2017 of R160m. Revenue fell from R2.3bn to R2.2bn
The South African Social Security Agency has cancelled its tender for a service provider to handle the cash payment of welfare grants to millions of poor people, according to social development minister Susan
Retail giant Shoprite has partnered with Standard Bank, Google and global financial technology company Celbux to launch a mobile money platform for its customers. The service, called Shoprite Money, is a