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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Alviva Holdings has secured the regulatory go-ahead for its R185-million acquisition of rival Tarsus Technology Group.
South Africa’s MTN Group and Chinese technology company ZTE have been accused in a US lawsuit of indirectly supporting an Iranian terrorist campaign that resulted in Americans being injured and killed in Iraq.
While thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam MTI, a far bigger crypto disappearing act has been playing out.
JSE-listed Reunert’s newly launched IT services business, +OneX – led by former top EOH executive Rob Godlonton – said on Wednesday that it is buying cloud specialist Triple H Cloud Services.
Cell C said on Wednesday that is has made significant progress in migrating its customers off its own radio access network to the network of roaming partner MTN.
Naspers and Prosus, the European-listed spin-off of Naspers, have appointed Ervin Tu as group chief of investments, strategy and mergers & acquisitions of both companies.
World News
US President Donald Trump said he may use an executive order to stop Huawei from selling advanced telecommunications equipment in the US.
Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Huawei would deny any Chinese government request to open up “back doors” in foreign telecommunications networks because it isn’t legally obliged to do so, the company’s chairman says.
An Israeli spacecraft rocketed toward the moon for the country’s first attempted lunar landing, following a launch on Thursday night by SpaceX.
Cellphone giant MTN was so desperate to win a mobile operating licence in the “virgin” territory of Iran that it allegedly put together a package of bribes, trading opportunities in sophisticated weaponry, capital investment and diplomatic influence that the Islamic Republic could not resist, write Sharda Naidoo, Craig McKune and Stefaans Brümmer
For the first time, the operator is also talking about delivering fibre-to-the-home (FTTH) services, though Bashier Sallie, the company’s MD of wholesale and networks, says it’s important that a “pragmatic” approach is taken to delivering FTTH given challenges such as how spread out SA’s population is compared to some other countries that
