Facebook shares jumped in late trading after the company reported second quarter revenue that beat analysts’ projections, lifted by surging sales of video and Instagram ads and a boost in users. Second quarter
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Telkom’s FreeMe looks to be the most competitive data-focused offering in the market, especially when put next to similar packages on the three larger mobile operators. When the new packages from South Africa’s “challenger” network are
Samsung Electronics reported second quarter profit that beat analysts’ estimates, fuelled by stronger sales of Galaxy S7 smartphones and aggressive cost cuts. Net income, excluding minority interests
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MTN Group has kick-started the process of listing its biggest subsidiary, MTN Nigeria, on the Nigerian Stock Exchange. It said it intends to float the shares “as soon as commercially and legally possible”. The South
The battle over South Africa’s wireless broadband spectrum auction highlights significant government policy missteps, said local technology analyst Arthur Goldstuck. Debate over a planned wireless broadband spectrum by communications
A lack of ideas is a gloomy thing to behold in a tech leader. Executives try to strike all the right notes and use all the latest buzzwords, but the numbers show a disturbing trend and competitors are way ahead with real innovations that can be
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing
Cat, part of the Caterpillar stable, will on Thursday launch in South Africa what it’s calling the world’s first smartphone with a thermal imaging camera. The phone, developed on Cat’s behalf by UK firm Bullitt Group
A 1 500-word manifesto that Elon Musk unveiled last week, outlining his plan to expand Tesla Motors’ electric vehicle line and to build “stunning solar roofs”, may end up costing the company tens of billions