Imperial, the JSE-listed logistics group, has partnered with early-stage venture capital firm Newtown Partners to launch a corporate venture capital fund focused on investing its start-ups in the logistics space.
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Apple’s iPhone shipments plunged more than 60% last month, according to official Chinese data, as the coronavirus forced the US technology giant to close stores in the world’s largest smartphone market.
Cryptocurrencies are not immune to the gyrations rocking global markets, plunging along with a broad range of assets on Monday in the wake of the collapse in crude oil prices.
The rand plunged by almost 8% against the dollar on Monday as investors fled riskier assets, with tumbling oil prices adding to nervousness spurred by the spreading coronavirus.
A metal best known for galvanising steel is making the jump into a developing $30-billion energy-storage market for electrical grids that’s increasingly seen as key to unleashing solar and wind power upon the world.
Vodacom and the Competition Commission have reached a settlement agreement over data prices following the regulator’s publication in December of surprisingly broad-ranging, tough and radical interventions in the data services market.
The Competition Commission instructed mobile operators to adjust their pricing in a bid to reduce digital inequality in the country. This is likely to have mixed outcomes. By Alison Gillwald.
Eskom warned that its maintenance plan must be supported by the government or South Africa can expect regular blackouts from power cuts of 8GW by mid-2021, a move that would cripple the economy.
Twitter CEO Jack Dorsey said he will reconsider working remotely from Africa in 2020 due to the coronavirus and “everything else going on”.
Netflix sees the opening of new crime-drama series Queen Sono as the first of many original African TV series that will win the US giant a bigger slice of a market still dominated by satellite TV.