The planned recapitalisation of Cell C, believed to involve the Buffet Consortium and other investors, has been finalised, though details are only expected to be made public next month, TechCentral has learnt.
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Naspers has agreed to invest R100-million in South African agriculture-technology start-up Aerobotics, which uses artificial intelligence and drone and satellite imagery to help farmers manage crop health and predict crop yields.
Naspers-backed cryptocurrency platform Luno is in talks about expanding in Kenya and Ghana to extend its African footprint, as bitcoin rallies 99% over the past two months amid the coronavirus pandemic.
New power from wind and solar is set to fall this year for the first time in two decades due to factory closures, workers’ needs for social distancing and developers’ financial concerns.
ByteDance’s valuation has risen at least a third to more than $100-billion in recent private share transactions, people familiar with the matter said.
Facebook is launching Shops, a service that will allow businesses to display and sell products on the world’s largest social network’s platforms, CEO Mark Zuckerberg said on Tuesday.
Spotify Technology said on Tuesday that comedian Joe Rogan’s podcast will be available on the music streaming platform starting on 1 September and will become an exclusive later this year.
Vodacom is working on a new model to reduce battery theft in its base stations that involves community members, working with police, to monitor and safeguard sites.
State-owned defence firm Denel said on Tuesday it could not pay salaries for May and wages for June and July were at risk, highlighting the gravity of its financial position.
If the Malaicha app’s user base continues to grow, it could emerge as a rare winner from South Africa’s lockdown.