MTN Group has hit out at the Central Bank of Nigeria over a demand to refund more than $8-billion allegedly illegally expatriated from the country over an eight-year period.
Dyson, best known for its vacuum cleaners and hand dryers, is charging ahead with a £2-billion push to start building electric cars, unveiling plans to turn a former airfield into a vehicle testing site.
Amazon.com headed for its biggest gain in four months, pulling within US$26-billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
Apple has acquired Akonia Holographics, a six-year-old maker of displays for augmented reality glasses, as the iPhone maker explores a foray into the burgeoning field.
Eran Eyal, a South African-educated technology entrepreneur who now lives in the US, is facing criminal charges in the New York for allegedly stealing more than $600 000 from investors.
Nigeria ordered four banks including Citigroup and Standard Chartered to refund more than $8-billion it says was illegally expatriated by MTN Group over eight years through to 2015.
Vodacom is negotiating a wireless network sharing deal with Telkom as a replacement for former partner Cell C, according to people familiar with the matter.
Just days after hastily abandoning a short-lived exploration of taking Tesla private, Elon Musk has returned to Twitter to showcase the impulsiveness that has raised the eyebrows of investors and regulators alike lately.
It’s tempting to ignore the early morning tweets of a technology-challenged US president. Donald Trump is wrong on the facts, but his complaints underscore the business threats to tech companies from growing and largely disingenuous complaints.
Newzroom Afrika will replace the formerly Gupta-owned and now-defunct Afro Worldview (previously ANN7) on DStv, MultiChoice South Africa CEO Calvo Mawela said on Tuesday.









