MTN South Africa is making “good progress” in its plans to relaunch mobile money services in South Africa, according to group CEO Rob Shuter.

The SABC’s acting chief operating officer and its group executive for technology, Craig van Rooyen, has resigned, the public broadcaster said on Monday.

The JSE-listed technology giant is leading a $125-million (R1.9-billion) funding round in Indian “social commerce” marketplace Meesho in a bid to “kick-start e-commerce for the next 500 million online shoppers”.

Huawei’s billionaire founder intends to kick off a three- to five-year overhaul of the networking giant, creating an “iron army” that can help it survive an American onslaught while protecting its lead in 5G.

Nissan, BMW and Volkswagen are among car makers in talks to bring the electric car revolution to South Africa, as the nation’s auto-factory floors risk being left behind in the global switch to greener vehicles.

Moody’s Investors Service hasn’t said it, but investors already think it: South Africa’s credit is junk.

The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official.

China’s ByteDance has launched a search engine that bears a striking resemblance to Google’s clean, uncluttered homepage but produces heavily sanitised results.

Promoted | Watch as Kabelo Makwane, MD for Accenture Operations in Africa, explains that moving toward intelligent operations requires a fundamental shift in business process strategy and powerful new capabilities.

With worries about a currency war growing and bond yields collapsing, investors have reached for their usual haven of gold. Only this time it has a friend: bitcoin.