A look at South African tech start-ups whose global acquisitions delivered big exits for founders and international impact.
Top News
Xneelo has begun construction on a second data centre at Samrand in Gauteng.
A partnership between four financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand.
The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market.
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Microsoft on Thursday showed Windows 11, its first major operating system revamp since 2015 with new changes that take direct aim at Apple’s lucrative App Store business model.
Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.
South Africa’s financial regulator says its hands are tied in the alleged $3.6-billion bitcoin fraud at Africrypt because cryptocurrency is not yet a regulated product there.
South Africa’s environment department said on Thursday that it had refused applications by Karpowership for environmental authorisations for three gas-to-power projects.
Price cuts at Vumatel, to be implemented from next week, are not a risk to parent CIVH’s balance sheet and are only likely to register as “blip” in the company’s long-term growth trajectory, CIVH CEO Raymond Ndlovu said.
CIVH, the Remgro-controlled parent of fibre players Dark Fibre Africa and Vumatel, remains interested in participating in government’s planned wholesale open-access network, according to its CEO.
World News
Apple co-founder Steve Wozniak doesn’t want to wait for a folding iPhone.
Chinese firm TCL Communication has unveiled its own flexible display as it looks to offer an alternative to the new foldable phones from Huawei and Samsung.
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla, raising fresh concerns about the billionaire CEO’s ability to keep his impulses in check and responsibly run a public company.
Foldable devices mark the “biggest change” ever in the smartphone industry, according to Huawei’s mobile boss, Richard Yu.
Telkom’s management team failed to follow internal tender procedures and is to blame for a court interdict on Friday that prevents it from continuing with work to improve its access network into homes and businesses. This is the allegation levelled against the operator by networking equipment vendor ZTE Mzanzi, a joint venture between China’s ZTE and local black empowerment
News on Friday that the cost of IP Connect, the product Internet service providers have to buy from Telkom to access the fixed-line operator’s last-mile broadband network, was to fall by 30% from 1 April should lead to lower retail prices as early as this week. However, service providers polled by TechCentral on Monday still want to understand the mechanics
