Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end

If you do not question the core of your business model, someone else will, says Uber sub-Saharan Africa MD Alon Lits. Lits was speaking at the FNB Franchise Summit held at Johannesburg’s Montecasino on Thursday. He explained that Uber’s success is attributed

Sony’s Xperia Z5 and Z5 Compact officially have successors. The Japanese consumer electronics giant has taken the wraps off the Xperia XZ and the X Compact, both of which will go on sale in South Africa soon. The 5,2-inch Xperia XZ replaces both the Z5 and the

MTN Group, Africa’s biggest wireless operator by sales, and minority shareholders in its Nigerian business are seeking to raise about US$1bn in an initial public offering, a condition tied to the settlement of a record fine imposed by the West African government, people familiar with the plan said.

Denmark’s Jyske Bank became the second money manager to say it won’t lend to Eskom after the nation’s biggest specialist fixed-income manager said it had stopped extending credit to state-owned companies amid

Instant messaging appplications WhatsApp and Facebook Messenger will not combine and will operate independently, Facebook CEO Mark Zuckerberg has said. The statement was made after WhatsApp’s recent announcement that

Facebook founder and CEO Mark Zuckerberg has said the “future of the world” will be built on the African continent. Zuckerberg made the statement during his first visit to sub-Saharan Africa, where he visited Lagos, Nigeria. A small group

Facebook will launch a satellite later this week to extend Internet access to rural parts of sub-Saharan Africa, CEO Mark Zuckerberg said. The satellite will “beam down connectivity”, the CEO said in a presentation on

The Communication Workers Union has cried foul over a damning labour court ruling handed down against it on Tuesday. Johannesburg labour court judge AJ Snyman on Tuesday struck down the CWU’s bid to interdict Telkom from completing