African Media Entertainment has made an offer to acquire financial news website Moneyweb in a deal worth as much as R29,6m. The deal, if it gets approved, will lead to Moneyweb’s delisting. In a statement issued after markets closed on
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JSE-listed speciality finance company Capital Appreciation has acquired financial technology firm Synthesis for R132,1m. Synthesis is a specialised fintech company that provides software development, consulting and integration
The newly reinstated head of South Africa’s power utility has been accused of attempting to influence a former minister, reversed plans to close power plants that his predecessor claimed weren’t needed, and set the country’s ruling party
Apple plans to announce an update to its laptop line-up at an annual conference for app developers in early June, a move that could help offset new competition from Microsoft as well as declining iPad sales. The company is planning three
The ANC has told President Jacob Zuma’s government that it should rescind a decision to reappoint Brian Molefe as CEO of state power utility Eskom, party secretary-general Gwede Mantashe said. ANC officials told the government of their
There’s a blame game brewing over who’s responsible for the massive cyberattack that infected hundreds of thousands of computers around the world since late last week Microsoft is pointing its finger at the US
Google’s artificial intelligence software is already inside Android phones, smart speakers and watches. At the Google I/O conference this week, it plans to bring it to at least three more places: iPhones, coffee tables and kitchens.
MultiChoice and e.tv, the two broadcasters which have for years been battling each other in public and in the courts over digital terrestrial television encryption, appear to be getting a little cosier. E.tv said on Tuesday in a statement that it
Dimension Data’s Internet Solutions has announced plans to launch an Internet-of-things offering in partnership with Comsol. IS intends using Comsol’s low-power wide-area network technology
Seacom has moved to 100G optical network transport technology, and lit up an additional 500Gbit/s of capacity on its subsea cable that connects Africa with Europe. The company said it made substantial investments