Traders couldn’t be happier to see the end of President Jacob Zuma’s nine years in power. The 75-year-old leader had driven Wall Street to wit’s end in recent years amid ratings downgrades, declining growth and a string of scandals
President Jacob Zuma resigned on Wednesday night, bringing an end to his scandal-marred tenure and leaving the nation’s leadership in the hands of the ANC’s new leader, Cyril Ramaphosa. “The ANC should never be
Thank you for listening to the TechCentral podcast. In this episode, Duncan McLeod chats to Mark Casey, global media & entertainment and Africa technology, media and telecommunications leader at consulting firm
The noose tightened on South African President Jacob Zuma on Wednesday as the police went after key allies while leaders of the ANC vowed to force him from office. Police raided the Johannesburg home of the Gupta family
Wi-Fi operator WirelessG has a new owner. On Wednesday, Exmile Technologies revealed that it has acquired the assets of the troubled company, which has been under business rescue since August 2015. Exmile has bought the
In line with recent technology forecasts, smartphone penetration has skyrocketed. Locally, statista.com has reported that the number of smartphone users in South Africa will reach 25m by 2022. In 2017, the number
Net1 UEPS Technologies, the parent company of social grants distributor Cash Paymaster Services, plans to roll out banking services to underserved consumers – some of whom are social grant recipients – after its
Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter
Apple CEO Tim Cook addressed succession at the company’s annual shareholder meeting on Tuesday, saying that eventually “passing the baton” properly is one of his most important roles. The company has a deep bench of
The South African Reserve Bank said on Tuesday that it will complete a review into cryptocurrencies, including bitcoin, before the end of 2018. The objective is to “inform an appropriate policy framework and regulatory regime