Naspers plans to lessen its exposure to China’s Tencent by reducing its stake from 33.2% to 31.2%, the JSE-listed technology and media group said in a statement to shareholders on Thursday. It will dispose of up to 190m shares
Browsing: News
All the latest technology news from South Africa and around the world.
Facebook CEO Mark Zuckerberg outlined some concrete steps the social network will take to protect user data, his first public response to the crisis over Cambridge Analytica’s access to information from the platform. He said
MTN has announced adjustments to its prepaid data bundles as well as pricing in a move it says is “in line with customer needs and market trends”. The new bundles and pricing, effective 5 March 2018, reduce what
Telkom has raised R1bn in its first debt issue of the year as South Africa’s biggest landline provider looks to invest in its network and take on rivals including MTN Group and Vodacom Group. After a five-year hiatus, Telkom started
Huawei is rethinking its retail strategy in South Africa after its deal with its former partner, Fantastic 1 Mobile, broke down in a legal dispute last year. If negotiations with a possible new local partner are not fruitful
Huawei will roll out a streaming music service and a mobile payments system in South Africa in the coming months, the Chinese electronics giant said on Tuesday. Mosa Hlobelo, senior manager of business development
South African technology consumers were disappointed when French telecommunications giant Orange pulled the plug on its local online retail store in 2016. But now Telkom has launched a similar store, promising
The ZA Central Registry (ZACR), South Africa’s largest administrator of Internet domain names, has slammed .ZADNA, the regulator, over a proposal to open second-level .za domains for registration. The
Media24 has agreed to pay R14m as a settlement agreement with the Competition Commission after admitting to price fixing and fixing of trade conditions in the media industry. The tribunal began its investigation in late
The tea leaves don’t bode well for bitcoin. Traders who look for future price direction in chart patterns are finding more indicators suggesting the world’s largest digital currency may have further to fall. Bitcoin’s 50-day moving average