After coming out all guns blazing, Nigeria’s central bank has surrendered more ground in its tussle with MTN Group by giving a reprieve to one of the banks accused of illegally moving $8.1-billion out of the country.
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Seacom has acquired 100% of KwaZulu-Natal Internet service provider SAI for an undisclosed sum as it moves to expand its Seacom Business service in the province.
Altron’s turnaround under CEO Mteto Nyati is gathering a head of steam. The JSE-listed technology group expects interim headline earnings from continuing operations to surge by as much as 52%.
Standard Bank Group has withdrawn a cautionary announcement to shareholders related to demands placed on it by Nigeria’s central bank over the alleged illegal repatriation of $8.1-billion in funds by MTN Group.
Business-focused Internet service provider BitCo has announced it will start offering services to home users from next month.
The company behind a plan to build a submarine cable connecting South Africa with South America has partnered with Telecom Italia’s Sparkle unit to expand its reach on the Seabras-1 cable to the US.
Bitcoin could finally be hitting a bottom before heading higher. The digital currency is lingering above both the price and trend lines and a buying divergence is forming, flashing a positive signal.
MTN South Africa is pulling the plug on its popular zero-rated Twitter offering, saying it is no longer feasible to offer the service without charging for data use.
Telecommunications & postal services minister Siyabonga Cwele will issue a policy direction to communications regulator Icasa to license “high-demand” broadband spectrum soon.
Shoppers queuing up to buy Apple’s latest smartwatch anywhere but the US face an uncertain wait before they can use the product’s headline-grabbing electrocardiogram feature.