The South African Reserve Bank cut its benchmark interest rate for the first time in more than a year as it almost halved its economic growth forecast for the year.

MTN Group has hired another top executive from Vodacom Group, saying on Wednesday that is has appointed Yolanda Cuba as its new chief digital and fintech officer.

Seacom, which built the first subsea broadband cable along Africa’s east coast 10 years ago, is interested in acquiring capacity in Google’s new, high-capacity Equiano cable along the west coast to Europe.

The Gautrain Management Agency is planning to spend up to R2-billion to acquire second-hand additional rolling stock from the UK to deal with the capacity constraints on the high-speed train network.

Netflix tumbled after the streaming giant reported a surprise loss of US customers for the second quarter, renewing concerns about its growth prospects at a time of looming competition.

The smartphone era is only just over a decade old, but the pocket-sized computers at the heart of that societal transformation are only really possible because of another technology: lithium-ion batteries.

JPMorgan Chase & Co is hiring in sub-Saharan Africa as the New York-based bank works with companies to list their shares in London despite Brexit uncertainty.

Regulators will need to “step up” to contain any dangers emanating from Facebook’s planned libra token, but shouldn’t attempt to crush the initiative, according to International Monetary Fund acting MD David Lipton.

Altron is considering its legal options after the high court in Pretoria set aside the City of Tshwane’s municipal broadband network project contract.

Access to data will increase, and prices will fall, only if government gets out of the way and allows companies to have more spectrum and compete more freely. By Christo Hattingh.