Communications regulator Icasa will pursue a legal appeal against a high court judgment that slammed the brakes on the spectrum auction. But has also said it is open to an out-of-court agreement.
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Huge Group CEO James Herbst on Tuesday rubbished a claim that the company used its share buyback programme to manipulate its share price higher ahead of its bid to acquire Adapt IT.
Over the next five years, Eskom is expected to have an electricity supply shortage of 4GW. However the shortfall could increase as the economy grows, according to the power utility’s chief executive, André de Ruyter.
Just like Samsung has an edge over Apple with its superior smartphone display, there is one area where VW may be ahead of Tesla: The German car maker has placed a big bet on next-generation lithium-ion batteries.
Fintech company Flutterwave has teamed up with US payments giant PayPal to enable PayPal customers to pay African merchants through its platform, the Africa-focused payments firm said on Tuesday.
Huawei Technologies will begin charging mobile giants like Apple a “reasonable” fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source.
China’s government has asked Alibaba Group to dispose of its media assets, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
China’s top leader has warned that Beijing will go after so-called “platform” companies, a sign that the months-long crackdown on the country’s Internet sector is only just beginning.
Encrypted messaging app Signal appeared to no longer be working in China without the use of a virtual private network on Tuesday morning, users in the country said.
Mr Price said on Monday that it has reached an agreement to buy 100% of Yuppiechef, an “omnichannel” retail business focused on kitchenware, for about R470-million in cash.