MTN Nigeria plans to invest R21-billion over the next three years to expand broadband access in Africa’s most populous country, its CEO said on Monday.
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Bolt Technology, which competes with Uber Technologies in Africa and Europe, doubled its valuation to €4-billion after raising money to finance a grocery delivery service.
Eskom has reached “commercial operation status” of its final generation unit at Medupi, one of the world’s largest coal-fired power stations – and likely one of the last of its size to be built.
First National Bank is deploying mobile ATMs in parts of KwaZulu-Natal and Gauteng hit by recent large-scale looting as a temporary measure while it rebuilds infrastructure destroyed in the riots.
MTN Group’s Nigerian unit has reported a 27.6% increase in half-year Ebitda, despite a sharp decline in subscribers brought about by regulatory restrictions on new Sim sales and activations.
Zoom has agreed to pay $85-million and bolster its security practices to settle a lawsuit claiming it violated users’ privacy rights by sharing personal data with Facebook, Google and LinkedIn.
Square, the payments firm of Twitter co-founder Jack Dorsey, will purchase “buy now, pay later” pioneer Afterpay for $29-billion, creating a global transactions giant.
The high court has granted the liquidators of Africrypt additional powers to track down missing funds, and to sell assets and property belonging to the company.
The Western Cape Blood Service was hit by a cyberattack on Thursday morning, forcing the non-profit to resort to manual, offline processing while it restores its systems from backup.
State logistics firm will lift the force majeure it declared at its container terminals from Monday, after a cyberattack, believed to be a ransomware incident, hampered operations.