Apple doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll.
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MultiChoice will hike the price of some DStv bouquets on 1 April, but the increases have been kept well below inflation as the broadcaster battles weak consumer spending and rivalry from online streaming platforms.
One of South Africa’s highest-profile politicians is quitting Twitter, describing the social media site as an “evil platform” that has “degenerated into a platform for irrationality and mob-lynching”.
Vodacom Group sees its African financial services business as a cornerstone of growth as the wireless carrier expands into products such as funeral insurance and loans of as little as $2.
Shares in software services company Adapt IT plunged 20% on Monday after it warned shareholders after markets closed on Friday that its interim earnings would take a beating.
While some generating units have returned to service, the possibility of load shedding for the rest of the week remains, said Eskom.
The UK said it will spend £1.2-billion – about R23.3-billion – on developing the most powerful weather and climate supercomputer in the world.
Teraco will complete work on the first phase of a massive new expansion to its data centre campus in Isando, east of Johannesburg, by the middle of the year and is looking to complete a second phase by year-end.
Boris Johnson is coming under renewed pressure from key British allies over his controversial decision to give Chinese technology giant Huawei a role in building the UK’s 5G network infrastructure.
Adapt IT’s headline earnings per share for the six months ended 31 December 2019 will fall by as much as 51.7%, the software group said in a trading statement after markets closed in Johannesburg on Friday.