The start of equities trading on the JSE was delayed on Wednesday because the bourse was unable to fully process transactions from a record volumes in the previous session.
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All the latest technology news from South Africa and around the world.
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Eskom plans to reduce its output of coal-fired power by between 8GW and 10GW through plant closures over the next decade, a cut that amounts to up to 30% of its current capacity.
MTN Group is once again worth more than rival Vodacom Group after a surge in the former’s share price following publication of solid interim results last week.
Despite the current turmoil in Afghanistan, MTN Group continues to operate its mobile network in the war-torn Middle Eastern country, providing services to 6.3 million subscribers.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.
Mastercard is phasing out cards with magnetic stripes, more than six decades after the technology was first introduced, as consumers adopt chip- and tap-based payments in increasing numbers.
Facebook and some of the world’s largest telecommunications carriers, China Mobile and MTN Group, are set to build a wider-than-earlier-planned giant subsea cable in Africa.
A trading update for the first half of the year from Massmart on Friday spooked investors who had been banking on a stronger recovery. Game is at the centre of the problems.
The Internet Service Providers’ Association has strongly criticised communications regulator Icasa for attempting to “micromanage” the sector.