Facebook has increased its number of African users to 170m and plans to expand further by adding Wi-Fi hotspots and fibre-optic cables, in a bid to spread its reach outside of developed markets. The figure is
South African bonds and the rand fell after President Jacob Zuma bolstered his position by fending off calls from senior ruling party officials to quit. South Africa’s benchmark rand bond due in
The World Bank’s International Finance Corp said it’s pressing Net1 UEPS Technologies to complete an assessment of its lending practices this year as human rights organisations allege that the
The recent cabinet reshuffle has left the renewable energy industry in shock as the key politicians leading the implementation of government’s renewable energy independent power producer programme were
President Jacob Zuma survived calls to resign by members of the ruling party following his decision to fire his finance…
Vodacom on Tuesday announced new prices across its Red and Smart contract tariff plans, but the new deals, especially on the cheaper Smart plans, don’t do much to satisfy the ever-growing demand among consumers
The news that South Africa’s sovereign rating has been downgraded caught many by surprise. But it was long coming. The main reason for the rating agency’s decision is clearly concerns about political leadership
Facebook’s WhatsApp is getting into digital payments in India, a first for a global messaging service that’s only just begun to explore ways to generate revenue. It’s chosen to kick off that maiden effort in India, a market
There is no innovation more emblematic of the early 21st century than the smartphone. Putting a handheld computer combined with a video camera, permanently connected to the Internet, in the pockets of billions of people
The head of national treasury, Lungisa Fuzile, has asked to leave his post at the end of this month, a year before his contract runs out, according to three people with knowledge of the matter. Fuzile, 51, informed