Tencent’s rise into a $500bn company was fuelled by a culture of internal competition, where teams raced against each other to make ideas work. To become an advertising powerhouse like Facebook, the internal barriers are starting to
Bitcoin is showing no signs of slowing down, blowing past $9 000 less than a week after topping $8 000 and now quickly closing in on five big figures. The price of the largest cryptocurrency by market value is soaring as it gains greater
The Electronic Communications Amendment Bill, approved by cabinet earlier this month, does not address the telecommunications industry’s “urgent need to access available spectrum”, Vodacom CEO Shameel Joosub has
The Democratic Alliance has called on MultiChoice to publish the contracts it entered into with the Gupta-owned 24-hour news channel ANN7 along with the record of negotiations with the channel. It also wants parliament to
Should central banks embrace cryptocurrencies, or even pioneer their own? In a nutshell, no. Crypto assets are an unusual innovation, still in flux and often poorly understood. Trying to centralise them in a bureaucracy is exactly
Jeff Bezos is the world’s newest US$100bn mogul. The Amazon.com founder’s fortune is up $2.4bn to $100.3bn (R1.4 trillion at the time of writing), as the online retailer’s shares jumped more than 2% on optimism for Black
The public protector, Busisiwe Mkhwebane, can no longer ignore the Democratic Alliance’s request for a probe into the procurement process of the government-sponsored set-top-boxes – a key component of the broadcast digital
African telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about US$8bn next year after combining new and existing assets, according to people familiar with the matter
Electronic payments specialist i-Pay has secured R10m in venture capital funding from Kalon Venture Partners, which it intends using to expand to other countries outside South Africa. The company, which facilitates bank-to-bank
British Prime Minister Theresa May emerged from 10 Downing Street and stepped somberly to a podium. The previous night, 3 June, three terrorists had driven a van into pedestrians on London Bridge and attacked people in