Liquid Telecom has appointed Ahmad Mokhles as group chief operating officer, a new position within the pan-African telecommunications group.

Cryptocurrencies extended their rebound on Wednesday as bitcoin traded above $7 500 for the first time in a month, shrugging off security and regulatory concerns that have plagued the digital currency.

Entrepreneur Thabo Molefe – better known as Tbo Touch – will launch a video-on-demand streaming platform later this year called THD. The platform will showcase original South African – and African

Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.

MTN Group has sold 100% of its subsidiary in Cyprus for R4.1-billion. The Johannesburg-listed emerging-markets telecommunications group said on Monday before markets opened that it had sold the business

Bitcoin is headed for its biggest increase in two weeks on Monday amid a steady drip of news reports suggesting some of the biggest names in investing are starting to embrace digital currencies.