The rand was hovering around three-month lows in early trade on Wednesday, as the country prepared for what could be another day of unrest linked in part to anger over poverty and economic inequality.
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BT Group, the owner of Britain’s EE mobile company, said on Wednesday it would phase out 3G in the next two years to free up airwaves to help bring 5G to the entire country by 2028.
Icasa on Tuesday said it has received reports of 113 “network towers” across the country having been attacked by criminals in recent days as unprecedented violence and looting grip the country.
Three months after being forced to take down videos from its website in which it implored Adapt IT shareholders to accept its offer to buy the software services group, Huge Group has again gone on the offensive.
Telkom has joined MTN and Vodacom in shutting stores in violence-torn KwaZulu-Natal, and has now decided to close its outlets countrywide until further notice as a precautionary measure.
France’s antitrust watchdog slapped a €500-million fine on Google on Tuesday for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright.
The rand dropped to a three-month low on Tuesday as concerns grew over escalating violence in the country following the jailing of former President Jacob Zuma.
Violent protests have dealt a body blow to South Africa’s efforts to rebuild the economy in the wake of the coronavirus pandemic and pose the sternest test yet to President Cyril Ramaphosa’s authority.
Some of South Africa’s largest companies were forced to halt operations as violence erupted in parts of the country, with rioters torching trucks and looting stores.
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