VALR.com has raised R57-million to help fund further expansion, with proceeds from the capital raise to be used to explore new products for the South African market.

IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.

Promoted | Fred Saayman, head of the Huawei business unit at Pinnacle, returns to the podcast for a discussion on the impact of US sanctions on the Chinese ICT giant’s business, especially in the South African context.

The high court in Pretoria has overturned a controversial 2019 decision by former trade & industry minister Rob Davies that gave Telkom privileged black economic empowerment status by the government.

Four years after pulling the plug on its M-Pesa platform in South Africa, Vodacom is having another go at fintech and mobile payments in its biggest market, this time in partnership with Chinese’s Ant Financial.

China is said to be considering retaliating against Nokia and Ericsson if the European Union follows the US and Britain in banning Huawei Technologies from 5G networks, according to a report.

Econet Wireless on Monday sought a court order to suspend a police warrant seeking information on its transactions because this would violate the privacy of the company and millions of its subscribers.

The CEO of South Africa’s beleaguered state-owned defence firm, Denel, will step down on 15 August, the company said on Monday.

Bolt, the company formerly known as Taxify, has launched a lower-cost ride-hailing service that it claims is the cheapest in South Africa.

While the number of new Covid-19 cases is stabilising in the Western Cape and the Eastern Cape, KwaZulu-Natal is expected to join Gauteng as the country’s epicentre, health minister Zweli Mkhize warned on Monday.