Amazon.com CEO Jeff Bezos sold shares worth $3.1-billion in the e-commerce company in recent days, regulatory filings showed on Wednesday.
South African business leaders are growing increasingly concerned that the government doesn’t have the will or capacity to overcome the economic devastation wrought by the coronavirus pandemic.
MTN South Africa is feeling the impact of the lost revenue from former roaming partner Telkom, with the company’s service revenue declining by 2.5% year on year despite a strong operational performance.
Promoted | Forrester has released insight to help companies navigate the treacherous task of cutting tech costs in the short term without causing operational mayhem when the economy corrects.
Promoted | Traditional security solutions lack transparency. Insight is minimal, visibility is poor, and risk is exponential. The solution is to move away from the traditional approaches to physical security.
Promoted | With Covid-19 ever-present, and the approach to doing business changing at a rapid pace, more than ever we need to make better, faster decisions with real-time visibility across the enterprise.
MTN Group is planning to sell part or all of its R4.2-billion interest in Jumia Technologies as it looks to pay down debt and enter new markets, according to people familiar with the matter.
Samsung Electronics unveiled its latest Galaxy Note smartphone on Wednesday hoping to regain ground against rivals Huawei and Apple as the smartphone market begins to recover from its Covid-19 slump.
Telkom Kenya said on Wednesday it was no longer pursuing a proposed joint venture transaction with the Kenyan unit of India’s Bharti Airtel.
When US President Donald Trump declared TikTok a threat to American national security, there were more than a few people who thought, “What’s that?”