Funding for African start-ups slowed for the first time after nearly a decade of growth as investors in the fledgling tech scene were put off by the Covid-19 pandemic, according to venture capital firm Partech Partners.

When faced with such a strong influx from investors, even sell-side analysts have thrown in the towel, upgrading their price targets to chase after the stock surge.

Semiconductor firms are seeking extra time to appeal last-minute Trump administration moves to block sales to China’s Huawei, hoping the Biden administration will reverse course.

Microsoft approached Pinterest in recent months about a potential deal to acquire the US$51-billion social media company, the Financial Times reported, citing people briefed on the matter.

Mastercard is planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.

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Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core, CEO Mteto Nyati said on Wednesday.

The Hawks have made a second arrest related to a fraud and corruption investigation at Cell C, the elite police crime-fighting unit said on Wednesday.

The criticalness of the current energy challenges call for South Africa to follow suit in leveraging AI and emerging technologies to reimagine the future of energy. By Mark Nasila.