Xiaomi seeks at least $50bn in IPO

By

Xiaomi, the Chinese smartphone maker that was once the most valuable start-up in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50bn, according

Interview: Balwin Fibre MD Andre Pillay

By

Thank you for listening the TechCentral podcast. In this episode, Duncan McLeod chats to Andre Pillay, MD of the newly created Balwin Fibre. Balwin Fibre is part of the listed Balwin Properties and is focused

DA gives poor grades to ICT ministers

By

In its annual assessment of the cabinet, the Democratic Alliance has given poor grades to the ministers of communications and telecommunications & postal services. South Africa’s largest opposition party scored telecoms

Bitcoin now worth more than New Zealand

By

Bitcoin’s extraordinary price surge means its market capitalisation now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires. With the debate over its bubble status

Venezuela eyes crypto as bolivar sinks

By

Venezuela’s currency is in free fall. Cryptocurrencies such as bitcoin are going precisely the other direction. And there, President Nicolas Maduro sees a way out of his country’s economic ills. On his Sunday television show, Maduro

Koos Bekker vs Yunus Carrim

By

Given the explosive allegations made in the last two weeks regarding the basis for the contract between ANN7 and Naspers’s subsidiary MultiChoice, Moneyweb attempted to get the previous communications minister, Yunus

MultiChoice to open probe into ANN7 deal

By

MultiChoice on Friday morning said that it is aware that its deal with ANN7 has caused “real public concern”. The broadcaster’s board has instructed its audit and risk committees to probe the contract. In a statement, MultiChoice