Social media firms wanting to operate in Nigeria must register a local entity and be licensed, the country’s information minister said on Wednesday.
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All the latest technology news from South Africa and around the world.
Eskom was forced to implement stage-4 load shedding at short notice on Wednesday, despite having cut the level of planned maintenance at its power stations to just 1.3GW.
MultiChoice Group is increasing its stake in BetKing, an Africa-focused sports-betting platform operator, to a non-controlling 49% investment for R3.8-billion.
Eskom has implemented stage-3 load shedding due to further breakdowns at the Kusile, Matla and Tutuka power stations.
African Equity Empowerment Investments, controlled by Iqbal Survé’s Sekunjalo Group, has told Britain BT Group that it can’t exercise a call option to terminate its agreements with the company.
Eskom is escalating load shedding to stage 4 on Wednesday, meaning it is cutting 4GW of supply from the grid, as it struggles with plant breakdowns.
Another bad week for bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in cryptocurrencies.
South African business confidence rose to its highest in over three years in May, supported by higher export volumes and manufacturing, data showed on Wednesday.
Eskom has plunged South Africa back into stage-2 load shedding, with the rolling national blackouts set to continue until Sunday night.
EOH Holdings announced on Tuesday that it has sold subsidiary Sybrin for a cash consideration of R334.4-million. The money will be used mainly to pay down debt.