Harith General Partners, which funds infrastructure development across Africa, is pushing ahead with plans to build the first gas-fired power plants in South Africa’s industrial hub of Gauteng.
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All the latest technology news from South Africa and around the world.
Ethereum hit an all-time high on Thursday as investors bought the cryptocurrency before the launch of ethereum futures on the Chicago Mercantile Exchange next week.
Adapt IT has formed an independent board committee to assess Huge Group’s unsolicited bid to buy the software company in an all-share deal valuing it at R795-million.
A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Texas on Tuesday, in a repeat of an accident that destroyed a previous test rocket.
Tarsus Technology Group CEO Miles Crisp and financial director Joanne Tanner are stepping from the technology distribution company amid a R185-million takeover bid by JSE-listed Alviva Holdings.
MTN Group has appointed Citigroup and Standard Bank Group to advise on a sale and leaseback of some of the carrier’s South African telecommunications towers, according to people familiar with the matter.
Teraco Data Environments has concluded its biggest fundraising round to date, securing R2.5-billion from Absa and other lenders that will be used to build a giant new data centre east of Johannesburg.
Ford will plough over $1-billion into a plant in South Africa – its biggest-ever investment in the country – as the car maker scales back in other regions including Brazil and Europe.
Vodacom South Africa boosted investment in its network by 12.3% year on year in the quarter ended 31 December 2020, bringing capital expenditure to R2.7-billion from R2.4-billion in the year-ago quarter.
Nigeria has given telecommunication providers an extra eight weeks to add valid national ID numbers to every Sim card registered in the country, according to a statement.