It looks like a real pay-television subscription, with familiar shows, advertisements and even a customer service line. But the product, known as a pirated Internet protocol TV service, is illegal.

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.

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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.