Within four years, more than half of all phones shipped worldwide will support next-generation, superfast 5G networks, according to a new report from research and advisory firm Gartner.

As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology. That, many said, was the smarter bet. Now, the tables have turned.

Mastercard has showcased technologies such as augmented reality as part of its work on the future of shopping and payments.

SAP fell the most in nearly five years on signs that its $10-billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow.

Promoted | The Internet of things is a vital new growth engine that is crucial for expansion in today’s digital economy, says Fred Saayman, Huawei business unit executive at Pinnacle ICT.

The South African Reserve Bank cut its benchmark interest rate for the first time in more than a year as it almost halved its economic growth forecast for the year.

MTN Group has hired another top executive from Vodacom Group, saying on Wednesday that is has appointed Yolanda Cuba as its new chief digital and fintech officer.

Seacom, which built the first subsea broadband cable along Africa’s east coast 10 years ago, is interested in acquiring capacity in Google’s new, high-capacity Equiano cable along the west coast to Europe.

The Gautrain Management Agency is planning to spend up to R2-billion to acquire second-hand additional rolling stock from the UK to deal with the capacity constraints on the high-speed train network.

Netflix tumbled after the streaming giant reported a surprise loss of US customers for the second quarter, renewing concerns about its growth prospects at a time of looming competition.