MTN Group said on Tuesday that it has agreed to sell its 20% shareholding in BICS – formerly Belgacom International Carrier Services – to Proximus Group in a transaction worth R1.8-billion.
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Elon Musk’s decision to invest US$1.5-billion of Tesla’s cash in bitcoin is financial dynamite that unites two speculative bubbles. There’s plenty to suggest the move is inadvisable
Apple’s iPhone 12 mini sales are a tiny fraction of overall sales, indicating signs of muted demand for the new, smaller version of its flagship device and a demand among consumers for bigger handsets.
Load shedding is back, this time in the middle of the week, as Eskom struggles with supply problems. The power interruptions are set to start at 10pm on Tuesday and will run until 5am on Wednesday.
TSMC said on Tuesday it would raise nearly $9-billion from the debt markets to help fund expansion and spend around $178-million to open a Japanese material research subsidiary.
Apple has a “clear opportunity” to offer a buying and selling mechanism for cryptocurrencies, according to a research report on Monday from RBC Capital Markets.
Bitcoin hit a fresh record above $47 000 on Tuesday after Tesla’s announcement of a $1.5-billion investment in the largest cryptocurrency.
Huawei Technologies’ founder said on Tuesday he was confident that the Biden administration would bear in mind US business interests when forming its policy towards the Chinese technology giant.
Tesla said on Monday it had invested about $1.5-billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future. The cryptocurrency surged to a new record high.
Telkom’s mobile business is still flying. In a financial update for the nine months to end-December 2020, published on Monday, the company said service revenue from mobile soared by more than 40% year on year.