South Africa has caught the world’s attention with an epic battle between two powerful factions within the governing ANC, which has spilt into government. Deputy President Cyril Ramaphosa has aptly described this as a government that wages
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Samsung Electronics recalled its Galaxy Note 7 smartphones because of a faulty battery and announced a global replacement programme just days before archrival Apple is set to unveil its newest iPhones. Sales will be halted in 10 countries where the large-screen
The European Union’s ruling that Apple must pay the Irish tax authorities €13bn in back taxes appears to be a victory for fair tax campaigners. The amount is equal to about 30% of the total tax take in Ireland, or almost €7 000 for every employee in the
South Africa’s cabinet has asked President Jacob Zuma to set up a judicial review to consider creating a state bank as well as the mandates of both the Banking Tribunal and Banking Ombudsman after the nation’s four biggest lenders said they would stop doing business with
A SpaceX Falcon 9 rocket exploded in Florida, marking the second loss of a spacecraft by Elon Musk’s venture in a little more than a year and hobbling an effort by Facebook to spread Internet access in Africa
MTN Group, Africa’s biggest wireless operator by sales, and minority shareholders in its Nigerian business are seeking to raise about US$1bn in an initial public offering, a condition tied to the settlement of a record fine imposed by the West African government, people familiar with the plan said.
The courts are the last place South Africans should be negotiating the future of the information and communications technology sector, yet that is exactly what is happening, a prominent businessman
Facebook will launch a satellite later this week to extend Internet access to rural parts of sub-Saharan Africa, CEO Mark Zuckerberg said. The satellite will “beam down connectivity”, the CEO said in a presentation on
Telkom plans to showcase 4.5G wireless broadband at its annual Southern Africa Telecommunication Networks and Applications Conference, taking place at Fancourt in George next week. Telkom said it is showing off
The third unit at Ingula Pumped Storage Scheme was brought into commercial operation on Tuesday, Eskom CEO Brian Molefe announced on Wednesday. Each unit adds 333MW of peak power to the grid, which is key in the