South African Internet billionaire Mark Shuttleworth’s HBD Venture Capital has sold its stake in South African 3D Doppler ball-tracking sports radar specialist FlightScope to management on what
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GoPro tumbled as much as 14% after giving a disappointing outlook for sales this quarter, missing analysts’ estimates and reflecting slow demand for its action cameras and the delayed launch of a new
Orange is seeking deals in Africa as France’s biggest wireless carrier targets the continent as a source of additional revenue growth, according to a company official. “We are looking for acquisition opportunities in
South Africa’s central bank has recommended rejecting a bid to buy Habib Overseas Bank’s local unit because of concerns about the source of the two businessmen’s income and tax declarations
EOH has announced it plans to acquire 100% of the long-established Cornastone group of companies, subject to regulatory approvals. The black-led Cornastone has been in business for more than
Costly delays, growing complexity and new safety requirements in the wake of the triple meltdown at Fukushima are conspiring to thwart a new age of nuclear reactor construction. So-called generation III+ reactors were supposed to have simpler
The South African Reserve Bank is open to issuing a national digital currency, which would likely be based on blockchain or distributed ledger technology. “If we go the route of issuing a digital currency, the objective would be to take
New allegations by President Jacob Zuma’s supporters that South Africa’s biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation’s financial system, including the treasury. Protestors from the
Government is considering a one-year extension to a contract with Net1 UEPS Technologies to make welfare payments to 17,2m people even after legal battles with the company, according to a government official with knowledge of
MTN is boosting its economic interest in mobile phone tower operator IHS Group from 15% to 29%, the JSE-listed telecommunications group told shareholders on Wednesday. In a statement on the JSE’s stock exchange