Browsing: News

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

In a damning judgment, a full bench of the high court, headed by judge Elias Matojane, has ruled against Brian Molefe, Eskom and the minister of public enterprises in a case brought by the Economic Freedom Fighters, the

A solid improvement in organic growth, coupled with the contribution of acquisition Micros, has propelled Adapt IT’s turnover higher by 46% in the six months to 31 December 2017. This in turn sent the software

Apple plans to release a software update that will let users disable a function that slowed down older iPhones to preserve battery life, the company said on Wednesday. The change will come as part of an iOS 11.3 software update

Artificial intelligence chips will be standard in smartphones in five years’ time and will underpin a range of machine-learning applications, according to a new research report. Deloitte has published its global predictions

Qualcomm has been fined €997m by the European Union for paying Apple to shun rival chips in its iPhones. The largest maker of chips that help run smartphones “paid billions of US dollars to a key customer, Apple

Irdeto, a subsidiary of JSE-listed Naspers, has acquired anti-piracy specialist Denuvo, which works with videogame giants such as Electronic Arts and UbiSoft. Denuvo provides technology and services for game publishers