US Internet giant Google has acquired a stake in East African e-logistics company Lori Systems for an undisclosed sum.

The divide between the biggest chip makers and those highly dependent on demand for mainstream products is set to worsen.

Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.

Promoted | Some 40% of chief security officers say their organisations are not well prepared for today’s rapidly evolving threat landscape.

Promoted | Dax Data is running a proof-of-value programme designed to help you evaluate Acrobat Sign and its integration with Microsoft platforms.

MTN Group has announced it is appointing the outgoing CEO of Icasa as chief of staff in the office of group CEO Ralph Mupita.

Rain has withdrawn its press release of 11 August in which it announced a plan to approach Telkom’s board about a merger.

Johannesburg intends buying 500MW of electricity from independent producers to help avert ongoing power outages caused by Eskom.

Take a deep breath: load shedding is back, Eskom said on Tuesday, with stage-2 power cuts to be implemented from 4pm to midnight.

South African coal producer Seriti Resources plans to invest R12-billion in building a 450MW wind farm in Mpumalanga.