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In 2013, Google ran its first tests for Project Loon, an ambitious effort to circulate broadband-emitting balloons across the globe. On Thursday, the company said that’s not necessary anymore. Executives at the project said

Telkom’s ICT services arm, Business Connexion, has been rebranded simply as BCX. The decision comes just months after Telkom said it would change the name of the company to Telkom Business

Investors are developing thick skins to political risk in South Africa. The rand is among the world’s top 10 best performers this year despite speculation that President Jacob Zuma may fire finance minister

MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the

Lenovo’s mobile phone business continues to shrink, while its PC division managed anaemic growth in the face of brutal holiday-season competition. The world’s largest PC maker’s profit plummeted more

A South African antitrust regulator has said it found that more than a dozen international and local banks colluded to manipulate foreign-currency trades and recommended some of them be fined 10% of their annual

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