Brics nations are discussing potential linkages between their fast payment systems and central bank digital currencies.
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Herotel CEO Van Zyl Botha has indicated its Amazon Leo satellite prices will be comparable to what it charges for fibre.
MTN has been forced to write down its Irancell stake, sinking statutory earnings even as adjusted profit climbs.
In recent quarters, MTN South Africa’s voice revenue has fallen by 2.8%, then 8%, then 9.6%. Its latest quarter is down again.
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Diesel above R30/l is pushing South African fleets towards electric vehicles. Consumer interest is also on the up.
Herotel now has 284 850 connected fibre-to-the-home connections, mostly in smaller towns and townships.
Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
Severe weather has cut power across dozens of Cape towns, with restoration delayed by unsafe conditions.
Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
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Blue Origin is bracing for a large reduction in its workforce, people familiar with the matter said.
Elon Musk is probably trying to delay OpenAI’s progress with an unsolicited bid for the company, CEO Sam Altman said.
BYD has unveiled plans to enable advanced driver-assistance features in almost all future models at no additional cost.
A consortium led by Elon Musk said on Monday it has offered $97.4-billion to buy the nonprofit that controls OpenAI.
