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Bitcoin slumped in another large weekend move after US President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on this year’s jump in prices.

While Nedbank CEO Mike Brown is optimistic, the government will have to make hard decisions, with the burden ultimately falling on the South African public to shoulder the bill.

World News

Shares in Apple plunged by almost 10% in after-hours trading on Wednesday in New York after the consumer electronics company published first-quarter financial results that fell short of analysts’ expectations. Investors appear to have taken fright, in particular, at the

Kenyan president Mwai Kibaki will preside over a ceremony next week to break ground on a new US$14,5bn technology town called Konza City. Konza City will consist of facilities meant to attract business process outsourcing ventures. The Kenyan government wants to attract international technology companies

Uganda is to get a fourth-generation (4G) mobile network using long-term evolution (LTE) technology. MTN’s subsidiary in the East African country will deploy the network in the coming months. MTN claims it will be the first to offer 4G in East Africa, although it appears the company has overlooked Smile Telecoms

Despite a warning by the Communications Commission of Kenya that it would not extend the 31 December 2012 deadline for operators to disconnect mobile subscribers who haven’t registered their Sim cards, unregistered users continued to enjoy access to services on Thursday, three days after the deadline