MTN South Africa lost 1.1 million prepaid users between March and June as it purged credit-dependent customers.
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Households will not be able to choose who sells them electricity when South Africa’s competitive electricity market opens.
MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
New shareholders have taken up shares in Frogfoot, Vox and Hypa in a transaction valuing the businesses at R14.4-billion.
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A high-stakes legal clash between eMedia and MultiChoice over sublicensing rights for the Rugby World Cup is playing itself out in the high court.
TymeBank, in which African Rainbow Capital is majority shareholder, has “onboarded” its eight millionth client.
PlusOne, the Naspers-owned generative AI tool that acts as an aggregator of several third-party AI models.
Electricity minister Kgosientsho Ramokgopa said South Africa has “turned a corner” in terms of electricity generation.
Kobus Botha, Prescient’s group chief technology officer, has built up a substantial knowledge base on technology in financial services.
Eskom chairman Mpho Makwana will step down at the end of the month and will be replaced in the role by Mteto Nyati.
World News
Elon Musk and Jeff Bezos are busy advancing their own, better-funded rocket endeavours. This is the competitive pressure facing Virgin Galactic. No wonder it’s wilting.
A worldwide lack of semiconductors is proving a challenge for computer manufacturers, but the shortage is likely to persist for some years, the CEO and founder of Dell Technologies said in an interview.
SpaceX will launch the “Doge-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment.
Sony has warned that the PlayStation 5 will remain in short supply into next year, suggesting the company will be constrained in its ability to boost sales targets for its latest games console.
Western governments, notably the UK and the US, are pushing the software industry to open “backdoors” into our encrypted communications. The argument touted by government agencies for nearly 20 years is that terrorists use strong encryption to hide their communications, therefore we should ban strong
Economists love Uber’s surge pricing. But it is doomed, because customers hate it. Why? Surge pricing occurs when the supply and demand for Uber vehicles becomes unbalanced, for example, due to inclement weather, a public holiday such as New Year’s Eve
