Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51 541 on Sunday, reversing most of the big gains it made over the past week.
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MTN Group will list its Rwandan subsidiary on the Rwanda Stock Exchange on 4 May, the JSE-listed telecommunications giant said on Monday.
MTN Group and Airtel Africa were given the green light to resume the sale of new Sim cards in Nigeria following the implementation of a new policy linking them to national ID numbers.
First National Bank has terminated the banking facilities it provides to Iqbal Survé’s Ayo Technology Solutions, Ayo said in a statement to shareholders after markets closed in Johannesburg on Thursday.
The prohibition on the private ownership and free trading of spectrum is an “artefact” that has “neither a technological basis nor is supported by economic theory”, says the Free Market Foundation.
The Financial Services Conduct Authority has begun an insider trading investigation that will “cover disclosures and transactions in Huge Group securities during January 2021”, it said on Thursday.
EOH Holdings has reduced its headcount by 1 566 employees in the past six months, mainly through selling or closing non-core and non-performing businesses, as it streamlines its operations and further reduces debt.
EOH Holdings’ six-monthly revenue, for the period ended 31 January 2021, fell by 29% year on year, mostly due to the disposal of businesses, as it said legacy public sector contract problems are now “under control”.
A 24Tbit/s submarine telecommunications system connecting South Africa to the islands of Madagascar, Reunion and Mauritius has gone live and is carrying Internet traffic between the countries.
Sasol and project partner Toyota will install hydrogen refuelling infrastructure along the N3 highway connecting Johannesburg and Durban, CEO Fleetwood Grobler said in a statement on Wednesday.