Tesla will wind down Cybertruck production in mid-2027 to make room for its Cybercab robo-taxi.
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Cost cuts lifted Ebitda margin to 38.1% in the third quarter, but service revenue was flat and the prepaid base fell to 27.4 million.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
Online now accounts for more than a tenth of TFG Africa’s sales, and the store estate is shrinking.
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Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Eskom plans to reduce its output of coal-fired power by between 8GW and 10GW through plant closures over the next decade, a cut that amounts to up to 30% of its current capacity.
MTN Group is once again worth more than rival Vodacom Group after a surge in the former’s share price following publication of solid interim results last week.
Despite the current turmoil in Afghanistan, MTN Group continues to operate its mobile network in the war-torn Middle Eastern country, providing services to 6.3 million subscribers.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.
Mastercard is phasing out cards with magnetic stripes, more than six decades after the technology was first introduced, as consumers adopt chip- and tap-based payments in increasing numbers.
World News
Spotify Technology shares climbed from their reference price after it began trading through a direct listing on Tuesday. The company skipped the traditional initial public offering process in favour of a route rarely
Facebook CEO Mark Zuckerberg hit back at recent remarks by Tim Cook, calling the Apple CEO’s criticism of the social media giant “extremely glib”. Cook was asked about Facebook’s privacy crisis last month and
Facebook CEO Mark Zuckerberg said it will take “a few years” to solve the issues plaguing the social media company. “I wish I could solve all these issues in three months or six months, but I just think the
One of the worst weeks in Tesla’s 15-year-history has sapped Elon Musk’s net worth and made the moonshot goals underlying his US$2.6bn award seem all the more audacious. The electric car maker’s stock
Few people have heard of Eaton Telecom, but that looks set to change soon. The UK-based company, founded by three top-level telecommunications industry executives, has set its…
Cell C has restructured its long-term debt, reducing it to R6,6bn, from R13bn previously, in a deal that should make it easier for the company to raise…
