It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall.
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Spotify has submitted a complaint against Apple to the European Commission arguing that the iPhone maker gives itself an unfair advantage by charging digital app rivals a 30% “tax” on purchases made through iOS.
Jumia has kick-started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising Internet access and increasing smartphone use on the continent.
As Eskom continues to warn consumers of rotational load shedding, deputy President David Mabuza has told MPs that the power utility has developed a detailed turnaround plan to address its challenges.
One of the world’s biggest website hosting providers, GoDaddy, has officially been launched in South Africa, offering .co.za domain registrations at just R10 for the first year.
Top US universities are shunning research money from Huawei amid pressure from congress and the Trump administration to limit dealings with the Chinese company over national security concerns.
Google has launched YouTube Music and YouTube Premium in South Africa, offering ad-free access to streaming music and all YouTube videos.
Apple continues to struggle with iPhone demand, with trends going “from bad to worse”, according to Longbow Research.
Vodacom has launched a new product that offers customers a master number to which they can link other devices using linked Sims and embedded Sims, or eSims.
Volkswagen aims to produce almost 50% more electric cars than it previously targeted, boosting a bet that has already strained profit margins.