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Capitec Bank hopes that its acquisition of Creamfinance, a European online lending firm, will eventually lead the establishment of a digital-only bank overseas. “We’re building a digital bank on this side and they’re

Facebook is making a dramatic change to the social network’s mobile application, letting people post pictures and videos that disappear after 24 hours. Dramatic, but unsurprising – it’s the fourth time the

Amazon.com has agreed to buy Dubai-based online retailer Souq.com, whose shareholders include Naspers and Tiger Global Management, betting that e-commerce in the Middle East is poised to take off. The US e-commerce

Tesla has won a vote of confidence from Chinese Internet giant Tencent Holdings, whose purchase of a 5% stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about US$1,8bn

Samsung Electronics has detailed its plans for the millions of Galaxy Note7 smartphones it pulled off shelves when some caught fire last year, including recycling materials and potentially letting customers use them as

President Jacob Zuma’s order for finance minister Pravin Gordhan to cancel an investor roadshow in London and the US left the nation’s credibility in tatters. The rand plunged more than any other major currency on

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