Media and e-commerce group Naspers on Monday reported a 4.5% drop in profit for the year to 31 March, mainly as a result of investments to drive growth in its food delivery business.
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Nedbank now allows merchants to accept payments directly on their phones using tap-to-pay technology. It allows business owners to convert their mobile phones into payment acceptance devices.
Health minister Zweli Mkhize has warned that tighter lockdowns may be needed in some parts of the country as a surge in Covid-19 cases is expected in the coming weeks.
Ahead of the launch later on Tuesday by MTN South Africa of its 5G network, the mobile operator has updated its coverage maps, showing where the superfast technology is available.
South African shares are about to round off their strongest quarter in almost two decades, and the influence of the coronavirus pandemic is clear to see in the shares most responsible for driving the market higher.
Uber Technologies is in talks to purchase food delivery service Postmates for about US$2.6-billion, Dow Jones reported, citing people familiar with the matter.
MTN has rolled out a new feature of its Mobile Money service that will allow South African consumers to make purchases online using their MoMo wallets – no bank card required.
Thousands of people have been testing positive for Covid-19 daily since the relaxation of the hard lockdown to make room for economic activity.
A small LED torch that emits deep red light and costs just R260 to make could help improve declining eyesight, scientists have said.
Finance minister Tito Mboweni said national treasury has no plans to boost income tax, corporate tax or VAT even as the coronavirus decimates the nation’s finances.