More News

World News

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap

Ethiopia will split its state-owned telecommunications company and sell stakes in the two new entities piecemeal to international operators, Prime Minister Abiy Ahmed said. Ethiopian Telecommunications, or EthioTelecom

Yet more submarine fibre capacity is coming to SA. And, for the first time, a transatlantic link connecting Southern Africa with Brazil is on the cards. SA-based technology investment company eFive Telecoms plans to extend the Main One cable, which connects Europe and Nigeria along Africa’s west coast, to Cape Town.

State-owned signal distributor Sentech is in dire straits. A submission from the company’s board to parliament reveals its auditors are concerned about its ability to continue as a going concern. TechCentral is in possession of a strategic presentation the company was supposed to deliver to parliament on Tuesday this week in which it has revealed that its auditing firm — which it doesn’t name — has raised concerns about its financial standing.