Australia has banned China’s Huawei and ZTE from supplying next-generation wireless equipment to the nation’s telecommunications operators, the latest blow in an escalating global battle over network security.

Internet Solutions may be feeling the pressure from Teraco’s NAPAfrica. The Dimension Data-owned Internet service provider said on Thursday that it plans to become “more open and actively engaged in peering”.

Listed IT distributor Mustek said on Thursday that it expects headline earnings per share to be as much as a third higher in the year to 30 June 2018. The share price rose.

Nikon has unveiled its first full-frame mirrorless cameras, seeking to make up lost ground against Sony in the professional photography market.

As Blue Label’s share price on Wednesday fell to the same level as its debut price on the JSE 11 years ago, the company’s management team has moved to assure the market that its acquisition of 45% of Cell C was not only well thought through but will deliver the expected returns.

There is a high risk of rolling electricity blackouts in South Africa on Wednesday evening, state-owned power monopoly Eskom said in a statement.

Apple’s Tim Cook is set to collect stock worth about $120-million (about R1.7-billion) this week thanks to a run-up in shares of the iPhone maker.

Xiaomi delivered a 68% revenue jump and quarterly profit in its maiden earnings report, as the Chinese smartphone giant made strides overseas while fending off a challenge from local rivals such as Oppo.

A backlash against the app stores of Apple and Google is gaining steam, with a growing number of companies saying the tech giants are collecting too high a tax for connecting consumers to developers’ wares.

South African inflation accelerated to the highest level in 10 months in July, driven by higher fuel prices.