Bitcoin surged to a two-year high amid expectations supply of the digital currency will shrink next month. The cryptocurrency rallied to US$683,89 on Monday in Hong Kong, the highest since February 2014, according to data compiled by
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To defend sailing’s oldest trophy, billionaire Larry Ellison’s Oracle Team USA is enlisting help from European plane maker Airbus. The pairing isn’t as unlikely as it might seem. The catamarans facing off this weekend at a preliminary
MTN will not list its subsidiary in Nigeria unless market conditions are sufficiently conducive to an initial public offering, the group’s interim executive chairman, Phuthuma Nhleko, told TechCentral
SABC chief operating officer Hlaudi Motsoeneng announced last month that 80% of all films broadcast on one of the public broadcaster’s channels, SABC3, will from July be locally made
MTN Nigeria has agreed to pay a total cash amount of 330bn naira – the equivalent of $1,7bn (R25,1bn) at the official exchange rate, or R13,6bn on the parallel market – to settle the fine
Brett Dawson is stepping down as CEO of Dimension Data after 12 years at the helm of the South African technology services group, which is owned by Japan’s Nippon Telegraph & Telephone Corp. Chief operating officer
Technology companies have tightened their grip on the world’s most valuable brands, an international survey shows. The Brandz list, compiled by Millward Brown, found that Google led the
When Telkom CEO Sipho Maseko took the helm three years ago, the South African company was struggling with record losses and a share price close to all-time lows. Now, the phone operator is
Despite its troubles internationally, and its decision to stop selling consumer electronics including televisions in South Africa, Sony remains committed to its local mobile business. That’s the word from
Naspers, Africa’s biggest company by market value, is planning to sell its Polish online auction website Allegro, according to people with knowledge of the matter. The global Internet and entertainment group has hired Morgan Stanley to advise