Online now accounts for more than a tenth of TFG Africa’s sales, and the store estate is shrinking.
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MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
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.
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South African payments company Yoco has raised about R1.2-billion from top investors in a series-C funding round as demand grows among small businesses for its digital payments tools.
Technology investor Prosus will pay up to the equivalent of R2.1-billion in transaction fees when it buys a block of parent company Naspers’s shares, prompting criticism from investors.
The Biden administration on Tuesday will announce a new push to expand business ties between US companies and Africa, with a focus on building digital, health and physical infrastructure.
State-owned logistics giant Transnet said on Tuesday that it has made “significant progress” in restoring its IT systems, with most affected applications up and running by yesterday.
Mango Airlines temporarily suspended all flights and services on Tuesday until further notice due to outstanding payments to Air Traffic Navigation Services, acting CEO William Ndlovu said.
Vodacom said on Monday that, working with telecommunications equipment supplier Nokia, it has been able to achieve the “highest transmission rates across a live optical network in Africa”.
World News
Netflix’s surprise $300m deal to poach Ryan Murphy from 21st Century Fox shows just how easy it’s getting for rich tech companies to steal Hollywood’s top talent. Netflix, which released its first original
Speaking at a conference in San Francisco, Uber Technologies CEO Dara Khosrowshahi has rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes. Ultimately, Uber’s
Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter
Apple CEO Tim Cook addressed succession at the company’s annual shareholder meeting on Tuesday, saying that eventually “passing the baton” properly is one of his most important roles. The company has a deep bench of
Steve Jobs is known for coming up with revolutionary products that change entire industries. The Apple CEO has at least three such devices under his belt: the…
The share price of JSE-listed cellphone group MTN has been knocked lower in recent weeks because of fears of a slowdown at its lucrative Nigerian subsidiary. Investors…
