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Bitcoin’s recovery from a rout last week is stoking speculation that the cryptocurrency can breach $20 000 for the first time.

Absa has been hit by a data leak, which the banking group said on Monday evening was limited in nature, but which involved the “unlawful” leaking of client information by an employee.

Although reports have emerged of quieter-than-normal retail stores this Black Friday weekend, it seems many South African consumers turned to online shopping to beat the crowds – and the coronavirus.

Bitcoin climbed to a record, taking less than three years to replicate the euphoric ascent that catapulted the cryptocurrency into the mainstream consciousness.

Huawei Pay, a payments system for Huawei smartphone users, will be launched in South Africa later this week, the Chinese consumer electronics giant said on Monday.

Nigeria’s national electricity grid collapsed on Sunday, the Transmission Company of Nigeria said in a statement. Power outages in Nigeria are common but a system collapse is unusual.

Icasa’s recent decision to extend the allocation of emergency spectrum under the Covid-19 disaster regulations to operators to the end of March 2021 now has an added proviso: The companies will have to cough up for it.

The SABC said on Friday that it will issue notices of termination of lease agreements for its non-core properties and will sell these at an upcoming public auction.

Bitcoin and other digital coins steadied on Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.

The South African Reserve Bank and industry regulators have warned the public not to use instant electronic funds transfer online payment services as a payment option.