Snap’s flagship platform has lost some lustre, at least according to one social media “influencer” in the Kardashian-Jenner clan. Shares of the Snapchat parent company sank 6.1% on Thursday, wiping out $1.3bn in
Elon Musk’s SpaceX launched a Falcon 9 rocket carrying a customer payload plus its own broadband demonstration satellites in the company’s first mission since millions tuned in earlier this month for its Falcon Heavy
Blue Label Telecoms’ share price soared 15% on Thursday after reporting a strong set of interim results for the six months ended 30 November 2017. Adjusted core headline earnings per share – stripping out the effects of
Mustek has hiked headline earnings per share by 55.5% in the six months to 31 December 2017, though revenue climbed by only 1.5% to R2.6bn. The slower revenue growth was due to a decision to reduce supply of
Nigeria’s telecommunications regulator said tougher financial health checks on the country’s biggest mobile phone companies could prevent a repeat of last year’s collapse of debt-laden Etisalat and help stabilise
Global sales of smartphones to end users declined for the first time ever in the fourth quarter of 2017, analyst firm Gartner said on Thursday. Chinese handset manufacturers Huawei and Xiaomi were the only vendors
MultiChoice has cut the price of the Showmax video-on-demand service by half for DStv Compact Plus and Compact customers by half, the broadcaster said on Thursday. This comes after the company decided last year to
MTN Group’s Ghanaian unit appointed local brokerage IC Securities Ghana as its main sponsor for an upcoming initial public offering in the West African nation, according to five people familiar with the matter. Africa’s biggest
For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma. They weathered accusations that
For most, owning a wine farm on a mountainside close to the sea, surrounded by family and friends, would be all they ever needed. But for Michael Jordaan, former CEO of one of South Africa’s biggest consumer lenders