Tencent and NetEase shed more than $60-billion of value on Thursday as investor fears grow that Chinese regulators are preparing to tighten their grip dramatically on the world’s largest gaming industry.
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Mustek has reported a 248% leap in full-year headline earnings per share, hiked its dividend per share by 246% and said revenue climbed by more than a quarter to over R8-billion.
The justice department said it’s systems have been interrupted by a ransomware attack, the second such assault on a state institution in the past two months.
Despite efforts to make Eskom profitable, including a process of unbundling its divisions into separate entities, “the core problem of debt” has yet to be addressed, Futuregrowth Asset Management has said.
Microsoft has warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data.
Government is preparing to ease restrictions that were imposed to curb the spread of the coronavirus after a sustained slowdown in new infections.
Telkom has welcomed the decision by communications regulator Icasa to consent to a court order setting aside its decision to publish an invitation to apply to take part in South Africa’s planned spectrum auction.
MTN Group is in talks with potential international buyers for its wireless business in Afghanistan, a bid to accelerate plans to exit the country, according to people familiar with the matter.
Mortality payouts almost doubled to a record for South Africa’s fourth largest insurer by market value as the coronavirus ripped through the country.
The driving licence renewal process has been plunged into further chaos, with reports suggesting that motorists will have to pay R250 just to obtain a booking slot to renew their driving licence.