Uber Eats and Mr D Food may soon have a more formidable competitor. Ride-hailing firm and Uber rival Taxify and homegrown food delivery company OrderIn announced on Tuesday that they have partnered
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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
For the first time in its 18-year existence, the Ombud for Banking Services has received more Internet banking than ATM complaints. The trend is indicative of a move towards technology in the banking sector and that more
Reunert, the JSE-listed electronics and electrical engineering company, will acquire wireless broadband service provider SkyWire Technologies. The value of the deal has not been disclosed. SkyWire mainly serves
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 council of communications regulator Icasa has agreed that the broadcasting and telecommunications regulator will investigate a complaint lodged by the Democratic Alliance against MultiChoice about payments to
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
Deputy President Cyril Ramaphosa, who is next in line to lead the country, said the government currently can’t afford to build new nuclear power reactors. “We have to look at where the economy is – we have excess power and
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
Mining cryptocurrencies is far too energy intensive and is consuming as much electricity as a G-20 economy, International Monetary Fund MD Christine Lagarde said. “The bitcoin mining, which is this accelerated and augmented