Snap, maker of the disappearing photo app that relies upon the fickle favour of millennials, jumped in its trading debut after pricing its initial public offering above the marketed range. Shares opened at US$24 and
Bank of Baroda’s South African unit has started closing accounts of companies controlled by the Gupta family, according to three people familiar with the matter, potentially leaving the friends of President
Fibre-to-the-home broadband provider Vumatel has taken its first tentative steps into the KwaZulu-Natal market, acquiring Durban based fibre company Estate Connexions. Terms of the deal have not been
Artificial intelligence boosters predict a brave new world of flying cars and cancer cures. Detractors worry about a future where humans are enslaved to an evil race of robot overlords. Veteran AI
MTN South Africa CEO Mteto Nyati has said the mobile operator is “comfortable” with its distribution partnership with JSE-listed Blue Label Telecoms, despite the latter’s plan to acquire a 45% stake in mobile
Net1 UEPS Technologies, the company whose subsidiary Cash Paymaster Services manages the payment of welfare to 17m South Africans under a controversial tender, is acquiring a 15% stake in
South Africa’s welfare agency said it withdrew its application to the nation’s highest court to extend a payment distribution contract with Net1 UEPS Technologies the day after it filed it. That’s added to
CliffCentral.com founder Gareth Cliff set out a robust defence of free speech in a presentation at the Free Market Foundation in Johannesburg on Wednesday evening. It’s a wide-ranging and fascinating talk. Cliff
MTN Group has been having a tough time of it in Nigeria, its most lucrative market. Protesters last week vandalised the company’s headquarters in the capital, Abuja, in retaliation for xenophobic
The Huawei Mate 9 isn’t what you’d call an eye-catcher. The device looks quite inconspicuous, features a discrete exterior and lacks that certain wow factor. On the flipside of the coin: it does have