The owner of Pep and Ackermans accounts for more than seven in 10 prepaid phone sales in retail channels in South Africa.
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MTN Group has signed an initial agreement with global payments giant Mastercard to sell a minority stake in its fintech arm.
South Africans are increasingly turning to WhatsApp for calling as the mobile operators struggle with load shedding.
Founders Factory Africa has secured $113-million in additional funding to assist tech start-up founders across Africa.
MTN South Africa will soon cough up the money still owing to the communications regulator from last year’s spectrum auction.
MTN shares jumped 10% in early trading on Monday after it said its fintech business had been valued at $5.2-billion.
MTN South Africa is weathering the impact of Eskom’s load shedding, but at a cost to its profit margins.
World News
Hackers stole the e-mail addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said.
Sim Wong Hoo, who founded Creative Technology in Singapore before sparring with Apple, has died at the age of 67.
Amazon.com is laying off more than 18 000 employees, a significantly bigger number than previously planned.
Tencent’s performance reflects optimism that China’s economic growth can find its way back to where it was before lockdowns.
Flying cars! So futuristic! A world in which they’re buzzing around the skies must be dazzling — like a Popular Mechanics feature come to life! Well, yeah. About that.
As IBM launches its first commercial quantum computer, the technology may well prove to be the most disruptive to happen so far in the information age.