Samsung Group’s Jay Y Lee was formally arrested on allegations of bribery, perjury and embezzlement, an extraordinary step that jeopardises the executive’s ascent to the top role at the world’s biggest smartphone maker. The Seoul central district court
MultiChoice is hiking the prices of its main DStv bouquets. However, most of the increases this year are relatively modest compared to last year’s adjustments. The 2017 increases are mostly below the
In 2013, Google ran its first tests for Project Loon, an ambitious effort to circulate broadband-emitting balloons across the globe. On Thursday, the company said that’s not necessary anymore. Executives at the project said
Telkom’s ICT services arm, Business Connexion, has been rebranded simply as BCX. The decision comes just months after Telkom said it would change the name of the company to Telkom Business
Earlier this month, Apple poached the chief of Amazon’s Fire TV unit to run its television operations. Timothy D Twerdhal brings hardware and content experience to his new gig, and his hiring suggests a renewed
Investors are developing thick skins to political risk in South Africa. The rand is among the world’s top 10 best performers this year despite speculation that President Jacob Zuma may fire finance minister
Russian author Boris Zhitkov wrote the 1931 short story Microhands, in which the narrator creates miniature hands to carry out intricate surgeries. And while that was nearly 100 years ago, the tale
MTN Group will look for new ways to bring banking services to its customers’ mobile phones in South Africa after severing ties with Australian-owned partner Tyme. Africa’s biggest mobile phone operator scrapped the
“We are always looking at acquisitions,” Apple CEO Tim Cook told analysts last month. “There’s not a size that we would not do.” It’s a message he’s increasingly stressed over the past year as investors
Lenovo’s mobile phone business continues to shrink, while its PC division managed anaemic growth in the face of brutal holiday-season competition. The world’s largest PC maker’s profit plummeted more
