Naspers’s Prosus, through its OLX Brazil business, has agreed to spend R9.9-billion to buy Grupo ZAP, described as one of the fastest-growing technology companies in the South American country.
Browsing: News
All the latest technology news from South Africa and around the world.
WhatsApp has officially launched its dark mode feature to iPhone and Android users. The new mode will allow users to turn the colours inside the app dark, which is better for viewing smartphone screens in low light.
Facebook has unveiled a new version of its Messenger app that it says is significantly faster and simpler to use.
Facebook and its partners are considering redesigning the libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators.
President Cyril Ramaphosa said his administration’s drive to turn the economy around will be protracted and is being frustrated by the rapid spread of the coronavirus.
Netflix has signed a distribution agreement with the Film and Publication Board, meaning the multinational streaming company must now obey local classification rules in the distribution of its content.
Technology group Alviva Holdings reported a slump in earnings for the six months ended 31 December 2019 due to woes in its ICT distribution segment, a change in accounting rules and foreign exchange losses.
South Africa’s plans to procure more electricity-generation capacity will have to wait as long as six months until the regulator has approved a state resource strategy, the nation’s energy department said.
Cosatu expects a plan that it’s proposing to save Eskom from its debt burden to be ready within weeks, said the labour federation’s parliamentary coordinator.
South Africa’s economy slumped into its second recession in consecutive years as power cuts weighed on output and business confidence dropped, adding to pressure on the central bank to cut interest rates.