Bitcoin slumped to the lowest level since December in Asia trading hours as cryptocurrencies continued a January selloff amid rising scrutiny from global regulators. Bitcoin fell 6.3% to US$13 040 at 10.32am in Hong Kong, the lowest

The appointment of MTN group executive Chris Maroleng as new chief operating officer of the SABC is not yet cut and dried, it appears. The minister of communications, Mmamoloko Kubayi-Ngubane, said in a statement on

Johannesburg mayor Herman Mashaba has fired his MMC of finance, Rabelani Dagada. He will also pursue criminal charges against Dagada. In a statement on Monday morning, Mashaba said he has taken the decision in consultation

MTN group executive for corporate affairs Chris Maroleng soon will be named to the key position of chief operating officer of the SABC. Sunday World reported that Maroleng would take fill the position, replacing the controversial

Eskom, which generates almost all of South Africa’s electricity, is still studying the impact of a tariff increase that was about a quarter of what it requested as shrinking liquidity threatens the utility. An award by the state energy regulator

John Kotsaftis, the founder and CEO of Showmax, has quit the video-on-demand streaming service provider owned by Naspers to join Fox Networks Group Asia, based in Singapore, where he will lead the development of subscription VOD