Having built a customer base of five million in more than 40 countries since launching in Cape Town in 2013, Luno came to dominate the cryptocurrency market in South Africa and other countries.
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South Africa’s economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.
Cabinet has approved the draft white paper on audio & visual content services policy framework. It the draft during a virtual meeting this week.
Zoom has added two-factor authentication as a new layer of security for the video conferencing app.
Huawei plans to introduce its HarmonyOS operating system, seen as the company’s best bet to replace Google’s Android mobile operating system, on smartphones next year.
Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of the country’s telecommunications industry, with carriers such as Orange, Vodafone Group and MTN Group keen to participate.
Some of Wall Street’s biggest players are viewing the stock market’s recent tech-led selloff as a bout of turbulence rather than the start of a longer slide – and they don’t see it as a reason to run for the door.
President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the worst recession since 1992.
South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics.
A conveyor belt at the giant Medupi coal-fired power station snapped on Wednesday night, prompted state-owned power utility Eskom to warn on Thursday morning of a high risk of load shedding.