Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.
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Huawei overtook Apple to claim the number-two spot in smartphones in the first quarter, moving a step closer to its avowed ambition of displacing Samsung at the top of the market.
Bitcoin is in the middle of a sustained recovery and investors should use recent weakness to buy more, according to Fundstrat technical strategist Robert Sluymer.
President Cyril Ramaphosa said the government won’t cut jobs at state power utility Eskom as it divides the company into three separate businesses.
The news this week that government has again kicked the spectrum licensing can down the road is further evidence that it isn’t taking the needs of the sector seriously enough.
Apple will pay Qualcomm $4.5-billion to $4.7-billion to catch up on licensing fees accrued during a two-year legal battle between the companies settled last month.
Communications minister Stella Ndabeni-Abrahams has dashed hopes for the urgent licensing of new broadband spectrum to mobile operators.
MTN Group plans to sell at least half of its R9.4-billion interest in newly listed Jumia Technologies, according to people familiar with the matter.
The social network has announced a number of updates across its platforms – Messenger, Instagram and WhatsApp – at its F8 event. Here is a look at the key updates.
Apple projected quarterly sales that topped analysts’ estimates, suggesting demand for iPhones has stabilised after a disappointing holiday period.