Safaricom, weighing up an offer for Ethiopia’s telecommunications business later this year, plans to take on debt to fund a joint bid by a consortium including parent Vodacom and two other entities.
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A R1-billion smart electronics factory in East London, Yekani Manufacturing, is seeking business rescue in an effort to avoid being liquidated, according to a newspaper report on Wednesday.
German car-making giant Volkswagen is preparing for the introduction of its electric vehicle line-up on South African roads through the local launch of the e-Golf pilot project.
MultiChoice Group has created an Innovation Fund to invest in small businesses in the video entertainment and technology sectors.
If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Dell Technologies has sold one of its cybersecurity units, RSA, for $2.1-billion, part of the computer maker’s efforts to streamline its business.
It’s been a grim start to 2020 for some South African-listed technology companies, which have seen their shares battered on weak earnings updates and negative investor sentiment.
MTN South Africa said on Tuesday that it’s some making progress in fighting the scourge of cellphone tower battery theft, though the problem is far from being overcome.
South Africa’s Energy War Room, a grouping of the main cabinet ministers responsible for the power industry, will meet for the first time this week since being reconstituted by President Cyril Ramaphosa in December.
For the second time in as many years, Apple has had to temper its sales outlook because of unexpected shifts in China, the country that’s served as the engine of its growth and success.