South Africa’s largest fashion and lifestyle retailer, TFG, wants to build up its newly launched technology hub to more than 100 new staff, its CEO said on Thursday.
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The pan-African pay-television operator, which owns DStv and SuperSport, has lifted its subscriber base by 1.4 million in the past year to reach 20.9 million households.
The president has encouraged mobile operators, Icasa and the department of communications to engage in mediation to get South Africa’s spectrum auction back on track.
Social media firms wanting to operate in Nigeria must register a local entity and be licensed, the country’s information minister said on Wednesday.
Eskom was forced to implement stage-4 load shedding at short notice on Wednesday, despite having cut the level of planned maintenance at its power stations to just 1.3GW.
MultiChoice Group is increasing its stake in BetKing, an Africa-focused sports-betting platform operator, to a non-controlling 49% investment for R3.8-billion.
Eskom has implemented stage-3 load shedding due to further breakdowns at the Kusile, Matla and Tutuka power stations.
African Equity Empowerment Investments, controlled by Iqbal Survé’s Sekunjalo Group, has told Britain BT Group that it can’t exercise a call option to terminate its agreements with the company.
Eskom is escalating load shedding to stage 4 on Wednesday, meaning it is cutting 4GW of supply from the grid, as it struggles with plant breakdowns.
Another bad week for bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in cryptocurrencies.