Airbnb’s Brian Chesky is trying to soothe the masses. The co-founder and CEO of the home-sharing website told employees on Thursday that it will pay them cash bonuses and is aiming to hold an IPO before late
If trade unions accept Eskom’s latest wage offer, workers in the Eskom bargaining unit will receive above-inflation wage increases for the next three years. According to Solidarity deputy general secretary for energy
Bitcoin sank further below $6 000 on Friday, heading for a second straight month of declines at around 20%, as demand for the largest cryptocurrency continues to suffer from security and regulatory concerns
Jens Montanana, CEO of JSE-listed technology services group Datatec, bagged a cool $3.5-million (about R48.5-million at the time of writing) in the 2018 financial year for the successful sale of its Westcon
South Africa’s cash-strapped power utility is “a threat” to the nation’s investment strategy, finance minister Nhlanhla Nene said on Thursday. The government plans to offer incentives to lure $100-billion
The first transatlantic broadband submarine cable in the southern hemisphere, the South Atlantic Cable System, will begin carrying its first commercial traffic within the next three months, providing a more
In this episode of the podcast, Duncan McLeod interviews Angola Cables CEO António Nunes about the Luanda-based company’s undersea cable projects, which include building a new subsea cable, called Sacs
Mobile operator Cell C has appointed Junaid Munshi as its new chief commercial officer. Munshi, who has extensive experience in South Africa’s telecommunications industry, takes on the role from 2 July
Huawei Technologies has lately become a prominent target for US factions seeking to raise alarms over alleged Chinese espionage and technology theft. Now Huawei’s striking back. Eric Xu, the company’s current
Microsoft agreed to pay US$7.50-billion for GitHub earlier in June, but it wasn’t the only interested party. Google was in the running too, according to Diane Greene, head of the company’s cloud arm. “I wouldn’t