South Africa’s financial regulator has warned traders to be “cautious and vigilant” when using FTX Trading Ltd, one of the world’s fastest-growing crypto exchanges.
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A sub-variant of the Omicron coronavirus strain, known as BA.2, is spreading rapidly in South Africa and may cause a second surge of infections in the current wave.
Eskom will implement the first load shedding of 2022 from today, 2 February. The rotational power cuts will begin at 11am and continue until 5am on Monday.
MTN Group has raised gross proceeds R4.3-billion through the sale of shares in its Nigerian subsidiary that has seen its stake in reduced to 75.6%.
VodaPay and other financial services offerings are playing an increasingly important role in Vodacom Group’s growth story.
Naspers has closed its OLX in South Africa, saying the move was done so it can focus its customer proposition fully on its property and motor vehicle platforms.
Moove, the African fintech start-up that partners with Uber, has announced its second major fundraising round in less than six months.
Standard Bank said on Tuesday that its customers are struggling to access its Internet banking platform and its mobile banking app.
South Africa has cut the isolation period for those infected with symptomatic Covid-19 to seven days from 10 and dropped the need for asymptomatic cases to isolate.
Six companies, including Telkom, have applied to participate in the disputed upcoming auction by Icasa of radio frequency spectrum.