Facebook is undergoing one of its most widespread and persistent system outages, with users across the globe unable to access its social network and services from Instagram to Messenger.
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Something big is going on at Dimension Data. The IT services group’s Middle East and Africa operations could soon be listed on Johannesburg’s stock exchange, if speculation swirling through the IT industry is correct.
MTN Group plans to push ahead with an initial public offering of its Nigeria unit in April or May once Africa’s biggest wireless carrier resolves a $2-billion tax dispute in the country.
Naspers wants to spend about $1-billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent, a person familiar with the matter said.
Apple, after teasing investors for months about its ambitions to become a services company, is getting ready to showcase plans for new video and news products. All it needs now is for Hollywood to sign up.
It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall.
Spotify has submitted a complaint against Apple to the European Commission arguing that the iPhone maker gives itself an unfair advantage by charging digital app rivals a 30% “tax” on purchases made through iOS.
Jumia has kick-started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising Internet access and increasing smartphone use on the continent.
As Eskom continues to warn consumers of rotational load shedding, deputy President David Mabuza has told MPs that the power utility has developed a detailed turnaround plan to address its challenges.
One of the world’s biggest website hosting providers, GoDaddy, has officially been launched in South Africa, offering .co.za domain registrations at just R10 for the first year.