Cost cuts lifted Ebitda margin to 38.1% in the third quarter, but service revenue was flat and the prepaid base fell to 27.4 million.
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The alliance banking deal lets South Africa’s biggest retailer expand its financial services without becoming a bank.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
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South Africans with a Luno wallet or VALR Pay will soon be able to use bitcoin to buy their groceries.
MultiChoice Group has appointed Marc Jury as interim CEO of its Showmax business as Yolisa Phahle gears up for retirement.
Europe’s car makers have a fight on their hands to produce lower-cost electric vehicles and erase China’s lead.
A 5G smartphone from Huawei has reignited debate over chip technology and China’s ability to skirt US curbs.
National treasury said it will implement a number of cost-cutting measures to rein in government spending.
The Information Regulator has issued Dis-Chem with an enforcement notice for various contraventions of Popia.
World News
The Trump administration is poised to add China’s top chip maker, SMIC, to a blacklist of alleged Chinese military companies, escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
S&P Global is in advanced talks to buy IHS Markit for about US$44-billion, according to a person familiar with the matter.
Ethiopia opened the doors on Friday for telecommunications operators wishing to secure two new licences to submit their technical and financial bids.
Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
The race is on to get billions of people connected to the Internet via a global network of satellites. Europe’s Airbus announced this week that it is to design and build up to 900 satellites for the privately owned OneWeb, which includes Richard Branson as a
Twitter’s misfortunes have pivoted once again with the announcement of the resignation of CEO Dick Costolo. This move seemed to catch even some close to Costolo by surprise with Twitter co-founder Biz Stone rubbishing the idea that he would
