The next-generation Xbox game console finally has a price and release date: The Series X will be out on 10 November worldwide for $499.99 – it will cost R11 999 in South Africa – Microsoft said on Wednesday.
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Alviva Holdings said on Wednesday that it’s full-year headline earnings will fall by more than 50%, though it said its prospects have improved since a disappointing set of interim results earlier this year.
The ZA Domain Name Authority has announced it will hike the wholesale fees for .co.za, .org.za, .web.za and .net.za domains next year.
After Naspers was blocked from acquiring a controlling 60% stake in specialist car-buying service WeBuyCars earlier this year, Transaction Capital has announced it is taking a 49.9% stake in the company.
JSE-listed technology group Mustek reported a 9.4% increase in revenue in the year ended 30 June 2020, in spite of three months of the reporting period including the Covid-19 lockdown in South Africa.
South Africa’s GDP slumped by 51% in the second quarter of 2020 as the result of one of the hardest Covid-19-related government lockdowns anywhere in the world.
London-based private equity firm Actis is looking at African energy projects to add to the US$1-billion it has already invested in the sector on the continent.
In a surprising development, MultiChoice South Africa CEO Mark Rayner has resigned after almost 14 years with the pay-television broadcaster.
Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the monopoly, state-affiliated Fana Broadcasting said on Monday.
South African consumers regained some confidence in the economy in the third quarter after consumer confidence hit a 35-year low in the previous quarter, a survey showed on Monday.