Apple has reported a decline in both revenue and profits in its latest quarterly financial results, as the company feels the pinch from slowing demand for its star product, the iPhone.
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EOH Holdings shares plummeted on Tuesday after Eskom published allegations that its former chief procurement officer was involved in acts of misconduct involving the listed technology group.
Naspers and Dimension Data are in talks to sell their joint venture in the country to fibre-optic infrastructure company Link Africa, according to three people familiar with the matter.
Apple has taken its Group FaceTime feature offline following the discovery of a bug which reportedly allowed users to eavesdrop on others through the firm’s video calling app.
The financial distressed SABC failed to pay its employees on time this month, but the public broadcaster has said it’s not because it’s run out of money. Instead, it has blamed a “glitch” at its bank for the problem.
Maria Ramos will retire as Absa Group CEO at the end of February, the financial services group said on Tuesday. Ramos has been at the helm for the past decade.
Listed technology group Adapt IT reported a slight decline in revenue and flat earnings in the six months ended 31 December 2018 as the weak South African economy took its toll.
The former UK deputy prime minister, hired by Facebook last year to lead the company’s lobbying efforts, used his first speech since taking the job to explain how it wants to repair its reputation and be accountable for its impact on society.
Apple iPhone users are being warned of a bug that allows eavesdropping on their devices through the FaceTime app.
Three media companies have collectively been fined tens of millions of rand for price fixing and the fixing of trading conditions. The Competition Commission wants the firms to cough up for their “cartel conduct”.