Naspers is participating in a R201-million funding round involving Cape Town-founded start-up WhereIsMyTransport, along with fellow investors Cathay AfricInvest Innovation Fund and SBI Investment.
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Rolling power cuts are likely to continue all week as Eskom struggles to bring generating units back online, the state-owned power utility said on Monday.
Apple on Monday showed updates to its FaceTime video chat app, adding the ability to schedule calls with multiple attendees and making the software compatible with Android and Windows devices.
Nigerian telecommunications firms blocked access to Twitter following a regulatory directive aimed at suspending the US social media giant indefinitely.
Volaris Group, the Canadian firm pursuing JSE-listed software services group Adapt IT, has sweetened its all-cash offer to R7/share in an effort to see off a rival bid from South Africa’s Huge Group.
Johannesburg plans to seek at least R3.8-billion in investment in solar and gas-fired power as well as battery storage to improve electricity supply.
South Africa’s largest broadcaster, JSE-listed MultiChoice Group, said on Friday it expects full-year trading profit to jump by as much as 30% and by as much as 45% on an “organic” basis.
When the Internet Service Providers’ Association was founded 25 years ago, its principal raison d’être was fighting Telkom’s monopoly. Now the company has been accepted as a member.
Eskom said it will suspend load shedding for five hours on Friday afternoon to allow MPs to attend a virtual sitting of parliament. As a result, power cuts will continue all weekend.
MTN Group will bid again for a Ethiopian telecommunications licence in the second round if mobile financial services are included, its CEO, Ralph Mupita, said on Friday after losing the first round.