Blue Label Telecoms has said that plans to acquire 35% of Cell C for R4bn as part of a recapitalisation plan are still “on track”. In December last year, the boards of Cell C and its holding company, 3C Telecommunications
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Lenovo expects its loss-making smartphone business to turn a corner next financial year as it shifts toward higher-end devices and ramps up marketing in the US and China. The world’s largest PC maker
Tencent Holdings, in which South African media and technology group Naspers holds a 34%, posted a second quarter profit that beat analysts’ expectations as the company lined up more mobile games and media
Ford Motor Co, which put the world on wheels a century ago, is now taking the driver out of the driver’s seat. The company said it plans to have a fully autonomous vehicle – no steering wheel and no accelerator or brake
Cisco Systems, the largest maker of networking equipment, will cut as many as 14 000 employees worldwide, or 20% of its workforce, CRN reported, citing people close to the company. San Jose, California-based Cisco
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A South African court told the nation’s energy regulator to review its decision to allow the state-owned power utility to increase prices from 1 April after a group of business people argued the company needed to be more open about its expenses
Discovery, the health insurance administrator that has sold nine out of every 10 Apple watches in South Africa to encourage its members to exercise, has hired a team of bankers as it steps up efforts to create
Google nailed e-mail with the 2004 introduction of Gmail. But as traditional e-mail falls out of favour with a growing sliver of the population, Google has struggled to make its messaging tools relevant or introduce
Telkom has secured an urgent court interdict against the Communication Workers Union (CWU) amid allegations of violence and intimidation at a strike against the company. A strike against Telkom turned ugly on Monday