Ethiopia plans to sell a minority stake in the state-owned phone monopoly and award telecommunications licences to two new operators in the first quarter of next year, the finance ministry said.

This week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, reviving the excitement around crypto trading.

Samsung Electronics’ quarterly profit more than halved after a global industry downturn and trade tensions hammered demand for its chips and high-end smartphones.

Naspers’s global fintech company, PayU, is expanding into Southeast Asia with the acquisition of Singapore-based Red Dot Payment.

Promoted | In this episode of the podcast, TechCentral interviews VMware sub-Saharan Africa lead technologist Ian Jansen van Rensburg about the challenges and opportunities facing companies and chief information officers.

Promoted | Kabelo Makwane, MD for Accenture Operations in Africa, explains that in today’s increasingly disruptive and complex world, change comes quickly, often without warning – and from unexpected places.

Exclusive | Econet Media racked up more than R1.8-billion in external liabilities and was unable to pay suppliers before it was placed into administration earlier this week, a document seen by TechCentral shows.

The decision to place Econet Media’s satellite television business into administration will not affect the planned launch of Kwese Free TV in South Africa, a top company executive has said.

SABC chief financial officer Yolande van Biljon says there is no anticipation of “Day Zero” at the public broadcaster for the next three months. Full staff salaries, Van Biljon said, will continue to be paid.

Econet Media has placed its satellite broadcasting business into administration, Business Day reported.