Kim Reid has spent the past 10 years building Takealot Group – today controlled by Naspers – into South Africa’s largest e-commerce company. He sat down with TechCentral to reflect on his time at the helm.

A few nights ago, cryptocurrency entrepreneur Justin Sun announced on Twitter that he had paid half-a-million dollars for a picture of a rock with laser eyes. It wasn’t even a good picture of a rock.

Telkom has finally launched support for embedded Sims, or eSims, on smartphones connected to its network.

South Africa’s headline unemployment rate hit a record high of 34.4% in the second quarter from 32.6% in the first three months of the year as businesses shed staff due to Covid-19 lockdowns.

OPay, an Africa-focused digital payment start-up founded by a Chinese entrepreneur, has secured $400-million in its latest funding round led by SoftBank Vision Fund 2, valuing it at $2-billion.

Google’s new submarine cable system, Equiano, which will connect Africa and Europe, will make its first landfall later this week – on the island of St Helena in the South Atlantic.

Samsung Group will invest ₩240-trillion (R3.1-trillion) in the next three years to expand its footprint in biopharmaceuticals, artificial intelligence, semiconductors and robotics.

DiDi Global has suspended plans to expand in Europe partly because of concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the matter.

Facebook is letting some users make voice and video calls within its main app on a trial basis, aiming to make it easier to place calls without opening its standalone Messenger app.

Promoted | Want the speed of public cloud but feeling constrained by risks of data loss, data latency, operational visibility, regulations and compliance, inconsistency, and availability of talent? This IBM webinar is for you.