CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
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Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
The US and a coalition of allies on Monday accused China’s ministry of state security of a global hacking campaign, specifically attributing a large Microsoft attack disclosed earlier this year to hackers working on Beijing’s behalf.
A pandemic-led boom in online shopping in South Africa has seen Woolworths report a 118% increase in online food sales in the 52-week period to 27 June 2021.
Bitcoin’s selloff accelerated on Monday, pushing it closer to $30 000 once again. The world’s largest digital coin, down as much as 3.3% at one point during the session, continues to slip lower.
Nigeria expects to start auctioning spectrum for next generation 5G network in the fourth quarter of this year, the head of the country’s communications commission said.
An Israeli company’s spyware was used in attempted and successful hacks of 37 smartphones belonging to journalists, government officials and human rights activists around the world, reports said.
Zoom Video Communications has announced a $14.7-billion all-stock deal to buy cloud-based call centre operator Five9 in its largest-ever acquisition, as competition intensifies in its core video-conferencing sector.
The SABC will be able to broadcast the CAF Champions League final on Saturday after politicians intervened and asked MultiChoice Group to sub-license the rights to the public broadcaster.
IT distributor and PC assembler Mustek said on Friday that the financial losses associated with the ransacking of and arson at its Durban office will not exceed R20-million.