South Africa’s decision to more than double its financial support for Eskom is “credit negative” for the sovereign rating as it’s an additional drain on the budget, Moody’s Investors Service said.
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All the latest technology news from South Africa and around the world.
Microsoft’s cloud-orientated productivity suite, Office 365, is now being delivered locally through the software giant’s new South African data centres.
City Power, which provides electricity to the City of Johannesburg, has been hit by a ransomware virus that has crippled its systems.
Vodacom reported a 1.2% year-on-year decline in service revenue in South Africa in the three months to end-June, with the company blaming new data regulations from Icasa and a switch in roaming partners.
Samsung Electronics will begin selling its Galaxy Fold in September, resurrecting a device it pulled months ago after early reviewers reported defects in the gadget’s much-touted flexible screen.
South Africa is expected to be the fourth fastest-growing major IT market in the world in 2019, according to new research from consultancy Gartner.
South Africa’s annual inflation rate was unchanged at 4.5% in June, staying where the central bank wants the rate anchored.
South Africa may increase its borrowing plans following the latest bailout announced for struggling state-owned power utility Eskom, finance minister Tito Mboweni told MPs on Tuesday.
South Africans have yet another electronic ride-hailing option available to them with the launch of a homegrown e-hailing app called Taxi Live Africa.
The website of the South African Social Security Agency, which is responsible for paying social grants, has been down for days following a hacking incident.