Apple CEO Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition”.

Though there is “significant doubt” over Cell C’s ability to continue as a going concern, the mobile operator’s biggest shareholder, Blue Label Telecoms, said on Friday that “management believes it is more likely than not” that the company will survive.

The rand is suffering its worst start to the year against the dollar since the global financial crisis of 2008, and it’s not about to get any better in March, if history is any guide.

China is slowly starting to get back to work, as it battles the coronavirus outbreak that has killed more than 2 600 people and sickened tens of thousands.

Facebook cancelled its annual F8 Developer Conference over concerns about Covid-19, commonly referred to as the coronavirus, according to a blog post from the company.

The leadership of the ANC called an emergency meeting to discuss the government’s plans to curb its wage bill – a move that has angered its trade union allies.

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While big technology shares in the US have continued to hit new highs in 2020 – among them, Microsoft, Apple, Amazon, Google and Nvidia – JSE-listed IT companies have had a torrid start to the new decade.

Government still has to make a decision on the future of e-tolls. finance minister Tito Mboweni failed to mention e-tolls in his budget speech on Wednesday.

Microsoft has become the latest technology giant to reduce its quarterly outlook based on the outbreak of a novel coronavirus that’s slowing production of computers.