Richemont is finally exiting Yoox Net-a-Porter, but the price of ridding itself of the loss-making online luxury business is a hefty one.
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All the latest technology news from South Africa and around the world.
Telkom’s largest shareholder, government, voted against the appointment of a large number of directors to the company’s board at its AGM on Wednesday.
The department of home affairs has dismissed a senior official found guilty on counts relating to gross negligence and gross dereliction of duty.
Africa Data Centres has drawn down the first tranche of $83-million of $300-million in funding it secured recently.
A whistle-blower complaint from Twitter’s former head of security will have wide ramifications for the business.
South Africa’s headline consumer inflation quickened to 7.8% year on year in July from 7.4% in June, data from Statistics South Africa showed.
Eskom said it is “considering” cutting the power to the City of Tshwane, which includes Pretoria and Centurion, over non-payment by the metro.
The communications regulator has appointed Norman Gidi as acting CEO from 1 September following the resignation of Willington Ngwepe.
Google Wallet, with its integrated Google Pay service, has been officially launched in South Africa and five other markets around the world.
The country has banned some telecoms executives from leaving the country after they resisted paying a new tax on the industry, sources said.