Vodacom Group CEO Joosub has put a price on the Egyptian venture and says South Africa and Kenya are likely to follow.
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Jacques du Toit steps down after more than a decade in charge, as Vox and Frogfoot close in on their R14.4-billion funding deal.
US senator Kevin Cramer says Nvidia CEO Jensen Huang must go as reports link his affair to China chip sales.
Vodacom Group CEO Shameel Joosub says AST SpaceMobile is the likely partner, and that the service won’t work on 2G and 3G phones.
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Eskom has warned that there is a “very real risk” of stage-6 load shedding during the evening peak on Tuesday as an illegal strike at Eskom intensifies and turns violent.
A plan by Tencent’s major backer, Naspers-controlled Prosus, to further cut its stake in the company fuelled concerns among investors on Tuesday.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
When there is a deep valuation discount and pressure from its investors, Naspers can’t really time market tops and must appease with cash handouts instead.
Eskom said most of its workforce is in place following unlawful industrial action, though generation capacity has yet to improve.
The arm of South African Internet giant Naspers sold almost $4-billion worth of stock in JD.com that it got as dividends from investee Tencent.
World News
Facebook failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege.
Facebook was hours away from the formal announcement of its ambitious foray into financial services, but French finance minister Bruno Le Maire was already broadcasting his discontent.
The US is blacklisting five Chinese organisations involved in supercomputing, calling them national security threats and cutting them off from critical US technology.
A parade of initial public offerings from Silicon Valley this year has garnered a mixed reception from investors. Slack Technologies took a different route, and saw its shares soar as it went public without an IPO.
The Independent Communications Authority of SA (Icasa) wants to reassign large chunks of radio frequency spectrum for mobile and fixed-wireless telephony and broadband, a reading of its newly published draft national frequency migration plan shows. The draft plan proposes not only making
Black-owned investment company Kagiso Media would like to launch both subscription and free-to-air television services but will only do so if the Independent Communications Authority of SA (Icasa) crafts digital terrestrial broadcasting regulations to create
