Johannesburg, Africa’s dominant financial center, wants to meet 35% of its energy needs from renewable sources by 2030 and will seek proposals for privately supplied power by August.
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Tencent Holdings reported a 25% gain in quarterly revenue as China’s largest company sustained a boom in gaming and cloud that began during the Covid-19 pandemic.
Bitcoin and ether remained under pressure after a bruising US session that left much of the cryptocurrency community in shock.
Zhang Yiming, founder of TikTok owner ByteDance, told employees he will step down as CEO and be succeeded by human resources chief Liang Rubo, the company disclosed on Thursday.
The digital dividend will be released to telecommunications operators on a province-by-province basis, communications minister Stella Ndabeni-Abrahams said in parliament.
Amazon Web Services already has a team of 7 000 people in South Africa, most of them based in Cape Town, but the US cloud computing giant is not done hiring.
Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.
MTN Group has partnered with the International Finance Corporation to train mobile money agents across South Africa to target unbanked and underbanked segments of the population.
The Competition Commission has launched an investigation into online markets in South Africa, designed as a “proactive” measure to prevent monopolies from forming in the e-commerce space.
Huawei Technologies has appointed Richard Yu, the outspoken leader of its consumer electronics business, as CEO of its smart car solutions unit, signalling the importance it places on future auto tech.