MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
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MTN Group faces a R3.9-billion write-down, cash it cannot move and a stake it cannot sell, just as Washington escalates.
In a marked break from rivals Vodacom and Telkom, MTN South Africa is dialling back airtime advances to its customers.
Households will not be able to choose who sells them electricity when South Africa’s competitive electricity market opens.
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The SABC will air matches from the ICC Cricket World Cup after it reached a sublicensing deal with MultiChoice.
IT services firm BCX has launched local public cloud services in South Africa under the name ALP Cloud.
The Competition Commission has approved Webafrica’s acquisition of rival Mweb, with conditions.
Zambia is the newest in a growing list of African countries to have SpaceX-owned Starlink go live.
Metrofile has launched rand-based storage, allowing companies to store large volumes of historical data at relatively low cost.
The rand weakened in early trade on Thursday, nearing the R19.50/$ mark – close to a record low.
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Enterprise software company SUSE set the price range for its initial public offering in Frankfurt at €29 to €34/share on Wednesday, implying a market capitalisation of as much as €5.7-billion.
Bill and Melinda Gates, who for decades have overseen one of history’s greatest fortunes and philanthropic operations, said they plan to divorce.
Apple’s App Store has left users and developers “trapped” in an anticompetitive marketplace, Epic Games attorneys said at the start of an antitrust trial in the US.
Verizon Communications has agreed to sell its media unit, which includes Yahoo and AOL, to Apollo Global Management for $5-billion, as it looks to offload its digital media business.
“In just over 30 years, humans will be able to upload their entire minds to computers and become digitally immortal,” said computer scientist and futurist Ray Kurzweil at the Global Futures 2045 International Congress in 2013. Without even considering the ethical
Until a few years ago, solar panels were a rare sight in South Africa, largely limited to the roofs of a few affluent households. This is changing rapidly, driven by three factors: the worldwide drive towards renewable energy, a highly strained local electricity supply, and a steady drop in solar panel prices
