The SABC is set to retrench almost a third of its workforce. The public broadcaster set out restructuring plans on Monday evening in which it said as many as 981 of its approximately 3 400 permanent employees may be retrenched.
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MTN Group’s financial update for the quarter ending 30 September 2018 shows that its South African operation is losing clients.
Bharti Airtel, India’s second biggest wireless carrier, is delaying a planned initial public offering of its Africa unit due to the turmoil in emerging-market stocks, people with knowledge of the matter said.
MTN Group has boosted sales ahead of targets in the third quarter, showing its ability to grow the business even with a major regulatory spat that’s rocked shares of Africa’s largest wireless carrier.
South Africa has a lot going for it when it comes to renewable energy. But several factors stand in the way of its ability to move entirely away from coal.
IBM just made the cloud computing war far more interesting. It’s not an easy sell, but IBM and Red Hat certainly make a more compelling cloud computing alternative.
IBM’s purchase of Red Hat is a $33-billion bid aimed at catapulting the company into the ranks of the top cloud software competitors.
IBM has announced it will buy Red Hat, the world’s biggest Linux company, for $34-billion. That’s more than a quarter of IBM’s market capitalisation, and comes as the legacy computer giant tries to play catch-up in cloud computing.
Apple is about to give two product lines much-needed upgrades after the gadgets slipped into the towering shadow of the iPhone.
Qualcomm says its fight with Apple over how much the chip maker can charge for essential patented technology used in iPhones and iPads is getting pricey.