Regulators will need to “step up” to contain any dangers emanating from Facebook’s planned libra token, but shouldn’t attempt to crush the initiative, according to International Monetary Fund acting MD David Lipton.
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Altron is considering its legal options after the high court in Pretoria set aside the City of Tshwane’s municipal broadband network project contract.
Bitcoin slid below $10 000 just three weeks after surging above it for the first time in more than a year as US legislators expressed deep scepticism about the viability of cryptocurrencies.
Apple plans to fund original podcasts that would be exclusive to its audio service, according to people familiar with the matter, increasing its investment in the industry to keep competitors Spotify and Stitcher at bay.
An investigation by law firm ENSafrica has unearthed “evidence of serious governance failings and wrongdoing at EOH”, the JSE-listed technology services group said on Tuesday.
EOH Holdings CEO held a call with staff at 9am on Tuesday to discuss the interim findings of an investigation by law firm ENSafrica into alleged corruption involving the IT group’s public sector contracts.
Zunaid Mayet, Rob Godlonton and Pumeza Bam were not implicated in corruption and were not dismissed, EOH Holdings CEO Stephen van Coller said on Tuesday.
South Africa’s indebted power utility Eskom was already searching for a CEO and an executive to lead a turnaround of the company. It will now have to cast its net even wider to include a treasurer.
The US congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for libra was likely a public relations effort gone bad.
A virtual glimpse into the future of high-speed ground transport has been revealed by a group of engineers and designers, who have envisaged how Elon Musk’s Hyperloop could look.