As bitcoin begins testing levels last seen at the peak of the end-of-2017 bubble, South Africa has yet another cryptocurrency exchange in an increasingly crowded market.
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The government has eased the terms of a R576-million bailout given to state defence company Denel for the financial year that ends in March 2021, officials said.
Bitcoin’s surge during US election week has pulled cryptocurrency performance further ahead of major asset classes this year.
Bitcoin is in rally mode once more. Whether it’s uncertainty from the US election, the future of the pandemic or simply more investor interest, the cryptocurrency is at the highest level since January 2018.
South African cryptocurrency traders can expect a tightening tax net in the near future, with the revenue service paying close attention to crypto activity in the country.
The JSE has signed a deal with a company called Globacap Technology to create a blockchain-based private placements platform to allow small and medium-sized firms to raise capital.
Facebook’s WhatsApp will roll out disappearing messages to users this month, which will delete posts in a chat after seven days, mirroring rival platforms such as Signal.
JSE-listed international technology group Datatec said on Thursday that its subsidiary Logicalis Group has bought a 65% stake in Singapore’s iZeno, a specialist in digital transformation solutions.
Apple is grappling with a shortage of vital chips that manage power consumption in iPhones and other devices, people with knowledge of the matter said, potentially threatening its ability to meet holiday demand.
A drive to shift South Africa’s electricity production to renewable energy is threatening as many as 120 000 jobs at coal mines and power plants that use the fuel, a research consultancy said.