Cell C has reduced its net loss after tax in the first half of the 2018 financial year by 33% to R645-million on the back of an 11% improvement in service revenue to R6.9-billion.
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Naspers said on Monday that it has concluded the sale of its 11.2% stake in Indian e-commerce company Flipkart, realising $2.2-billion (about R32.2-billion) in proceeds.
Apple will release a new low-cost laptop and a professional-focused upgrade to the Mac mini desktop later this year, ending a drought of Mac computers that has limited sales of the company’s longest-running line of devices.
Nvidia has unveiled a new graphics-chip design for computer gamers, aiming to bolster demand amid concerns that growth may be slowing.
Uber has asked government to delay the implementation of a new licensing framework for drivers until “current challenges” experienced by public transport operators for operating licences are resolved.
The Cape Town Internet Exchange (Cinx), an Internet exchange point operated by INX-ZA, has been expanded to a third location in Diep River.
After suspending operations around the world following a ban by the US government, ZTE South Africa is back in business, the Chinese telecommunications equipment company said on Monday.
Adapt IT will continue aggressively to buy back its own “undervalued” shares, CEO Sbu Shabalala said.
MTN Group is facing pressure to list its unit in Uganda as Africa’s largest mobile phone company seeks to renew a licence in the country.
MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as US$1-billion, according to people familiar with the matter.