Online now accounts for more than a tenth of TFG Africa’s sales, and the store estate is shrinking.
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Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
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.
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The flight of top taxpayers has long been a thorn in the side of national treasury. But the coronavirus crisis and recent riots could prove to be a tipping point.
Takealot Group will replace long-serving CEO Kim Reid on 1 October. The role will be filled by Mamongae Mahlare, who joins South Africa’s largest online retailer from Illovo Sugar.
Eskom has suspended several employees after an explosion at Unit 4 at the Medupi power station caused what the utility has described as “extensive damage” to the facility.
Moove, a Nigerian fintech start-up that also operates in South Africa and Ghana, has raised $23-million (R335-million) in series-A funding to expand its tech-based vehicle financing platform.
The Competition Tribunal has given the green light for JSE-listed Transaction Capital to buy a controlling 74.9% stake in South African online car marketplace WeBuyCars. No conditions were attached.
An explosion at the Unit 4 generator at the Medupi power station in Limpopo has knocked out an adjacent unit, Eskom said on Monday. It’s not yet clear if this will lead to load shedding in the coming week.
World News
Broadcom has formally abandoned its attempt to acquire rival chip maker Qualcomm after US President Donald Trump blocked the deal citing national security risks.
“Although we are disappointed with this
Just 16 months after demonetisation forever changed the way Indians pay for things, WhatsApp is set to disrupt the market yet again. With more than 200m Indians already using its messaging, WhatsApp is piloting a
What is it with Silicon Valley and flying cars? Perhaps it’s a result of having an economy largely based on Popular Mechanics nerds-turned-billionaires. Perhaps it’s to do with the fact that tech hubs San Francisco
Stephen Hawking, the British physicist and black-hole theorist who brought science to a mass audience with the best-selling book A Brief History of Time, has died. He was 76 Hawking died peacefully at his home in
Indian telecommunications tycoon Sunil Bharti Mittal is on the cusp of achieving his dream of building a presence in Africa with a planned US$10,7bn buy-out of assets…
A “land grab” is under way in SA’s cellphone and banking industries as big companies — retailers, banks and telecommunications operators — begin vying for a stake…
