Browsing: News

Gupta-owned Oakbay Resources and Energy’s share price plummeted by more than 90% on the JSE on Wednesday, the same day that hackers attacked the company’s websites and shut them down, although the two incidents

Naspers, Africa’s biggest company by market value, said it expects to report that full-year earnings rose as much as 20% when one-time items are excluded. The “core headline” figure for the

The South African Social Security Agency, which oversees the payment of welfare grants to more than 16m people, said it will on Wednesday file a criminal case against Grindrod and a unit of Net 1 UEPS

In 2020, four years from now, Internet traffic in Africa and the Middle East will be equivalent to 527 times the volume of the entire Internet in the region in 2005. This is one of the startling findings in the latest edition of the Cisco Visual

The high court in Pretoria has referred the dispute between the previous funders of the “please call me” case and Nkosana Makate over settlement negotiations with Vodacom to arbitration. The ruling

Mobile malware capable of locking down smartphones has made its way to smart TVs, a security company has revealed. FLocker (detected as Androidos_flocker.a and short for “Frantic Locker”) was first identified on mobile phones in 2015

Provisions in new laws that will see people found guilty of cartel conduct being fined up to R500 000 or imprisoned for up to 10 years came into effect on 9 June. This was revealed in a written response in parliament on Tuesday, after

The constitutional court ruled on Tuesday that local government elections can go ahead on 3 August without a complete voters’ roll. Chief justice Mogoeng Mogoeng said the Electoral Commission of South Africa’s

It’s been just over four years since since a small media production company in Knysna, started by Duran de Villiers, decided to explore the world of aerial photography. That idea turned into a multimillion-dollar drone business two

Cape Town-based 4Di Capital has announced the successful first closing of a new technology venture capital fund. The fund has raised R256m for investment in the sector. The major investor in the fund is Exponential Ventures, the