In this extract from At Any Cost, a book on convicted South African fraudster Elan Eyal, author Stephen Timm explains how tech entrepreneurs like Eyal are able to hoodwink angel investors.
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MTN Nigeria resumed airtime sales on banking channels Sunday after banks lifted a ban on the telecommunications operator following an intervention by the government.
Some Nigerian lenders have cut off MTN Nigeria from their banking platforms, making it impossible for millions of customers to buy credit for their phones.
LG Electronics will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
Naspers has hired a top Airbnb and former Amazon executive to lead its global online classifieds business, it said on Thursday, as the technology investor looks to shore up contributions from core businesses.
Vodacom has reduced the price of a gigabyte of data, bought on an ad hoc basis, by 14%, from R99 to R85, and adjusted several other data tariffs.
Dimension Data said on Thursday that it has acquired Acacia Cloud Solutions, a cloud implementation specialist that works closely with Amazon Web Services.
Mastercard will invest $100-million in Airtel Africa’s mobile money operations, valuing the business at $2.65-billion, the London-listed company said on Thursday.
The department of communications & digital technologies will conduct public hearings into the draft white paper on audiovisual content services policy framework in April.
Eskom said on Wednesday that it has added up to 800MW of supply to the national grid after unit 3 at the Kusile power station was brought online this week.