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Last week, Amazon.com bought the Santa Monica, California-based smart home equipment maker Ring for an estimated $1bn in cash. Though filled with less import than the company’s $13.4bn acquisition of Whole Foods

SA is getting a new fixed-line telecommunications network operator, TechCentral can report exclusively. The company, called Metrofibre Networx, enjoys the backing of several heavy hitters, including former Absa CEO Steve Booysen and Dark Fibre Africa co-founder Malcolm Kirby. Metrofibre Networx, which is led by Kirby, will focus almost exclusively on delivering high-speed fibre connectivity to businesses

New Independent Communications Authority of SA (Icasa) chairman Stephen Mncube will be sworn into office on Friday. However, analysts question how much power he’ll really have, saying…