Former Telkom chief commercial officer Brian Armstrong has been appointed to the board of JSE-listed telecommunications company Huge Group as an independent nonexecutive director. Huge Group said in
China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital
EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on
A culture that shies away from risk-taking is one of the biggest impediments to developing a bigger technology start-up ecosystem in South Africa. Michael Jordaan, CEO of venture capital firm Montegray Capital and
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months to June
Datatec will return up to US$500m to shareholders in the form of a special dividend and/or share buybacks after the Johannesburg- and London-listed technology group completed the sale of its
Alphabet is forming a new holding company designed to finalise its evolution from Google, the Web search giant, into a corporate parent with distinct arms that protects individual businesses in far-flung fields like health
Moody’s Investor’s Service released a very interesting report on Amazon.com this week. It was distinctly different from the usual Wall Street research, which tends to be glowing about anything related to the company’s
Showmax’s operations in Africa will be merged with MultiChoice’s DStv Digital Media, according to a letter sent to staff by Imtiaz Patel, CEO of Naspers’s video entertainment unit. In the letter, which
South African fibre-to-the-home operator Vumatel plans to offer uncapped 100Mbit/s fibre to the home in townships across South Africa – at just R89/month! In the coming months – by October or November