BlackBerry fell the most in almost two-and-a-half years after its quarterly earnings report showed surprisingly weak revenue from software, marring what was otherwise shaping up to be a banner year. The Canadian company
Tanzania will allow foreign investors to buy shares in telecommunications companies listing on the domestic stock exchange after an initial public offering by the country’s biggest mobile operator stalled. Changes will be introduced
Facebook is no longer just about “connecting the world”. CEO Mark Zuckerberg has written a new mission statement: to “give people the power to build community and bring the world closer together”. Zuckerberg has been rethinking
[dropcap]L[/dropcap]iquid Telecom believes there is a big opportunity to exploit the spectrum assets held by Neotel, the company it acquired…
It would be nice to think that Uber’s problems are going to be fixed with the resignation of its CEO, Travis Kalanick. Of course, the shareholders who instigated the demand for his resignation were not necessarily expressing a
As Travis Kalanick was in Chicago interviewing a candidate to be his deputy at Uber Technologies, two investors were on a plane to deliver the news that they wanted the CEO gone. Matt Cohler and Peter Fenton, partners at venture capital firm
Inflation rate rose for the first time this year in May after food-price growth quickened from the slowest pace since December 2015. Consumer price inflation accelerated to 5.4% from 5.3% in April, matching
South Africa’s top court ruled that the speaker of parliament can decide to allow a secret vote on a no-confidence motion in President Jacob Zuma but isn’t required to do so. The judgment leaves the issue in the hands of
Liquid Telecom, which recently concluded the R6.5bn acquisition of Johannesburg-headquartered Neotel, is raising US$700m (about R9bn) in long-term debt as it eyes further investment in network infrastructure in South Africa
Travis Kalanick made Uber a global force by breaking all the rules. The next chief executive will have to be a diplomat, power-sharer and defender of the internal controls long neglected at the world’s most valuable start-up. It’s