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China’s state media called the arrest of Huawei’s chief financial officer in Canada a “despicable rogue’s approach”, painting the move as a politically motivated effort to contain China’s rise.

Cryptocurrencies continued their slide with a fresh bout of losses on Friday after the SEC dashed hopes that a bitcoin exchange-traded fund would appear before the end of this year.

Telkom is considering making an offer to buy a majority stake in Cell C that would lead to a combination of South Africa’s third- and fourth-largest mobile phone companies, according to people familiar with the matter.

On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 11 000km away Canadian authorities made an arrest that now threatens to make the US-China conflict much worse.

Vodacom on Thursday welcomed arrests made in connection with the ransacking and looting of a franchise store in Polokwane in Limpopo at the weekend.