State-owned defence firm Denel hopes to return to profitability within the next five years via a restructuring plan, but will still require significant cash injections to make it happen.
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MultiChoice Group-owned Internet streaming provider Showmax is upping the ante in the streaming wars, offering access to all matches of the English Premier League, La Liga and Serie A.
President Cyril Ramaphosa testified on Wednesday that he chose to “remain but resist” rather than resign as deputy president when allegations of widespread corruption surfaced under his predecessor.
MTN South Africa has cut data prices with a 30-day validity, in some instances by as much as 60%. The headline price for 1GB of ad hoc data is now R85, from R99 previously, matching rival Vodacom’s pricing.
Adapt IT CEO Sbu Shabalala has resigned with immediate effect after agreeing to go on a leave of absence three months ago related to serious armed assault allegations against him.
South Africa faces a record year for power outages after an explosion damaged one of Eskom’s newest coal-fired generation units.
South Africa’s newest bank, Bank Zero, is now accepting new customers following a closed roll-out phase. Applications will be “throttled” to ensure that the bank’s seamless onboarding experience is not overwhelmed.
Apple’s next iPhone line-up will get at least three major new camera and video-recording features, which the company is betting will be key enticements to upgrade from earlier models.
Google has appointed former Oracle South Africa MD Niral Patel as head of its cloud operations in sub-Saharan Africa.
The flight of top taxpayers has long been a thorn in the side of national treasury. But the coronavirus crisis and recent riots could prove to be a tipping point.