President Cyril Ramaphosa on Friday rallied to the defence of China’s Huawei, saying the company’s technology will be crucial in the roll-out of 5G mobile telecommunications infrastructure in South Africa.
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Ethiopia plans to sell a minority stake in the state-owned phone monopoly and award telecommunications licences to two new operators in the first quarter of next year, the finance ministry said.
This week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, reviving the excitement around crypto trading.
Samsung Electronics’ quarterly profit more than halved after a global industry downturn and trade tensions hammered demand for its chips and high-end smartphones.
Naspers’s global fintech company, PayU, is expanding into Southeast Asia with the acquisition of Singapore-based Red Dot Payment.
Exclusive | Econet Media racked up more than R1.8-billion in external liabilities and was unable to pay suppliers before it was placed into administration earlier this week, a document seen by TechCentral shows.
The decision to place Econet Media’s satellite television business into administration will not affect the planned launch of Kwese Free TV in South Africa, a top company executive has said.
SABC chief financial officer Yolande van Biljon says there is no anticipation of “Day Zero” at the public broadcaster for the next three months. Full staff salaries, Van Biljon said, will continue to be paid.
Econet Media has placed its satellite broadcasting business into administration, Business Day reported.
Just a few years back it was one of the hottest sectors on the JSE, with large companies like EOH, BCX and Altron being staples in many portfolios. No more.