Facebook owner Meta Platforms’ shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast.

Consultants became the gatekeepers and controllers of billions of rand in spending at state-owned enterprises.

The British prime minister has asked the cabinet office to look into allegations that the global consultancy was involved in corruption in South Africa, a report said.

South African private sector activity rose slightly in January as the Omicron wave of Covid-19 cases receded, lifting demand and stabilising new business.

The social media landscape seems to be rapidly shifting towards short-form video, a space dominated not by Facebook but by TikTok.

Hackers have stolen cryptocurrency worth more than $320-million from a decentralised finance platform, the fourth-largest crypto heist on record.

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A bribes-for-contracts scandal involving Neotel and Transnet should be referred to law enforcement for further action, the state capture commission has recommended.

The solution to all the central-planning madness involved in awarding broadband spectrum in South Africa is simple: make it all tradeable. By Ivo Vegter.