MTN South Africa said on Monday that users of its MoMo mobile money platform can now “cash out”, or withdraw funds, at Nedbank-owned ATMs.

Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.

South Africa’s largest e-retailer, the Takealot Group, grew revenues by 36% year on year in the six months to 30 September 2021.

Energy regulator Nersa has presented four new options to Eskom for determining the tariffs it will be allowed to charge from 1 April next year.

Several companies that have been ordered to pay a total of C¥21.5-million in fines by China’s competition watchdog.

Energy Minister Gwede Mantashe has accused Eskom of delaying emergency power projects, according to a report.

El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib Bukele said.

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