Jumia Technologies raised $196-million in an initial public offering in New York, as the Africa-focused online retailer looks to boost its profile and expand an ever-growing customer base.
Browsing: Sections
Industrial action at Cell C has led to almost 400 employees being suspended. The move by the mobile operator comes after disruptive strike action this week that forced it to shut its Johannesburg head office.
President Cyril Ramaphosa has appointed eight new board members to fill the vacancies on the board of the SABC with immediate effect.
Icasa has published a draft findings document flowing from its inquiry into subscription television broadcasting services in South Africa.
Technology services group EOH Holdings will report a huge loss for the six months ended 31 January 2019 on the back of significant impairments as the new management team moves to clean up the business.
Disney has raised the curtain on a hotly anticipated video streaming service.
Good luck to potential investors in Uber Technologies’ coming initial public offering. Multiple advanced degrees might be needed to figure the company out.
Uber Technologies has spent more than US$1-billion on autonomous vehicle technology to compete with giants such as Alphabet, Apple and General Motors.
An Israeli spacecraft has failed in its bid to become the first private craft to land on the moon after crashing on the lunar surface.
Vodacom Group’s Tanzanian unit said it paid a settlement of 5.3-billion shillings (about R32.2-million) for the release of five employees charged with depriving the government of revenue.