Bitcoin’s recovery from a rout last week is stoking speculation that the cryptocurrency can breach $20 000 for the first time.

Zoom Video Communications warned on Monday its gross margins would remain under pressure going into 2021 as the surging number of free users makes it hard to offset a spike in costs.

Promoted | Trabel, the creators of the innovative Scotty BusinessLine phone service, have claimed another first in the South African market: NoPBX, a cloud-hosted PBX-over-GSM company switchboard solution.

Promoted | A journey that began more than a decade ago with the Telviva Cloud Phone Service has culminated with the arrival of the Telviva One unified communications platform to integrate voice, video and chat.

Absa has been hit by a data leak, which the banking group said on Monday evening was limited in nature, but which involved the “unlawful” leaking of client information by an employee.

Although reports have emerged of quieter-than-normal retail stores this Black Friday weekend, it seems many South African consumers turned to online shopping to beat the crowds – and the coronavirus.

Bitcoin climbed to a record, taking less than three years to replicate the euphoric ascent that catapulted the cryptocurrency into the mainstream consciousness.

Huawei Pay, a payments system for Huawei smartphone users, will be launched in South Africa later this week, the Chinese consumer electronics giant said on Monday.

Nigeria’s national electricity grid collapsed on Sunday, the Transmission Company of Nigeria said in a statement. Power outages in Nigeria are common but a system collapse is unusual.

Promoted | In this podcast, TechCentral talks to African Bank CIO Penny Futter and the bank’s executive of credit and data science, Vere Millican, about their decision to deploy advanced speech analytics software from CallMiner.