While Telkom is cleaning up in mobile, its fixed-line business continues to feel pressure as competition bites and as the company continues to switch off wireline infrastructure. But the numbers are far from shocking.
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Bitcoin soared to the highest level in a year, extending a run that’s seen prices more than double since March.
MTN Nigeria says it’s being investigated by the country’s Economic and Financial Crimes Commission over a listing of shares on the stock exchange.
The top job at one of South Africa’s biggest and most-troubled companies is open again for the 11th time in a decade and it’s unclear anyone is ready to fill it.
US President Donald Trump says he may resolve a dispute over Huawei as part of a trade agreement with China, yet doing so would undercut American assertions the company poses a national security threat.
Phakamani Hadebe will step down as CEO of Eskom at the end of July, deepening a crisis that Goldman Sachs has described as the biggest threat to the country’s economy.
Facebook is edging closer to launching its own cryptocurrency, with an aim to launch as soon as next year.
Unlike bitcoin, Facebook’s aim with GlobalCoin is not to bring down the established financial system, but to co-opt it.
For Elon Musk and Tesla, the blows from Wall Street came one after another this week – a relentless barrage that left the stock so beaten up that some now wonder if it can ever regain its status as the ultimate 21st century disrupter.
Facebook has experienced a steep increase in the number of fake accounts being created on the social network, resulting in more than three billion being taken down.