Shares in both Naspers and its European spinoff Prosus tumbled on Tuesday, following Tencent’s sharp fall after a Chinese state media article described online videogames as “spiritual opium”.
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Consumers and businesses will have to fork out an additional 91c for a litre of fuel as of Wednesday. Government announced that both grades of 95 and 93 octane will increase by this amount.
Google is making a bigger bet on smartphones by joining rivals Apple and Samsung Electronics in designing the device’s most critical component in-house: the main processor.
Tencent shares were on track to fall by their most in a decade on Tuesday after a Chinese state media outlet branded online videogames “spiritual opium”.
There are widespread doubts that renewable energy projects can happen fast enough to replace coal. So a controversial fossil fuel remains part of the planned energy mix: natural gas.
A US court has moved to dismiss a lawsuit brought against MTN Group, in which it’s alleged the operator paid protection money to the Taliban in Afghanistan.
Ethiopia will reopen bidding for its second telecommunications operator licence this month, two senior government officials said on Monday, including the right to operate mobile financial services.
Huge Group’s efforts to acquire software services group Adapt IT appears to be all over bar the shouting. This after shareholders representing just 1.9% of Adapt IT shares accepted its offer.
MTN Nigeria plans to invest R21-billion over the next three years to expand broadband access in Africa’s most populous country, its CEO said on Monday.
Bolt Technology, which competes with Uber Technologies in Africa and Europe, doubled its valuation to €4-billion after raising money to finance a grocery delivery service.