Telkom has reported a decline in full-year revenue of 1.1%, to R42.8-billion. It has blamed tough competition and the weak state of the economy.
Browsing: Sections
Telkom lowered its revenue and profit guidance for the medium term due to a slowdown in growth in its mobile business and a decline in its legacy unit.
The number of fixed lines in service has plunged below a million for the first time as Telkom continues to decommission its legacy copper network.
The data centre business in Wiocc Group plans to establish 100 “edge” data centres in smaller centres across South Africa by year-end.
Coinbase Global will cut about 1 100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday.
The 500 wealthiest people in the world have lost a combined $1.4-trillion, including $206-billion on Monday alone.
Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.
Online platforms like Twitter, Facebook and TikTok will be required to register and open offices in Nigeria, draft regulations show.
Promoted | There are three questions small and mid-sized businesses should ask before building a cloud strategy.
Promoted | Skybox Security is revolutionising the way organisations deal with vulnerabilities by adding Cyber Risk Quantification to its Vulnerability Threat Management technology.