Bitcoin extended losses for a third day, tumbling 12% on Sunday as South Korean cryptocurrency exchange Coinrail said there was a “cyber intrusion” in its system. The largest cryptocurrency declined to US$6 749 as of 2pm in New
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Community Investment Ventures Holdings, a shareholder in Dark Fibre Africa, announced on Friday is has bought 34.9% of fibre-to-the-home pioneer Vumatel and plans to buy the remaining 65.1% soon, subject
Eskom chairman Jabu Mabuza was almost apologetic on Thursday when he told journalists that the utility is proceeding with a court review of energy regulator Nersa’s decision to grant it a mere 5.23% tariff
Communications regulator Icasa has postponed the implementation of new data expiry rules pending the outcome of an urgent application in the high court by mobile operator Cell C. Though it said it still expects South
MTN South Africa on Thursday joined Cell C in challenging Icasa’s deadline for the implementation of new data expiry rules, arguing the time the communications regulator has given the industry
In a significant victory for MTN South Africa, rival Vodacom has been told it may no longer claim in marketing and advertising material that it has South Africa’s best mobile network. In a ruling by the
As social grants agency Sassa gave an update on the migration of social grant payments from Cash Paymaster Services to the Post Office, its senior management team has told parliament of plans to
Mobile operator Cell C has gone to court to seek an urgent interdict against Icasa, saying the communications regulator has not given it sufficient time to implement new data expiry rules. The rules, known as the
Ethiopia, Africa’s second most populous country and the continent’s fastest growing economy, is inviting big business to cash in. For so long a closed shop, the Horn of Africa nation on Tuesday invited foreign investors to
Eskom has kept its pay offer to workers at 0% in a second round of wage talks as the South African power utility struggles to strengthen its balance sheet. “We still are sitting where we are, at 0%,” company