South African-born Silicon Valley entrepreneur Vinny Lingham wants to curb identity theft with his latest venture, called Civic. Lingham shot to Silicon Valley fame when he sold his virtual gift card service Gyft to First Data for more than US$50m in 2014
South African telecommunications group MTN, along with investment firm Rocket Internet and investment bank Goldman Sachs, have announced they are pumping €300m, or more than R5bn
Luckily no one was injured when one of Google’s self-driving cars this week crashed itself into a bus as it pulled out at a junction. The car was only travelling at 3km/h, after all. The company
Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes
MTN’s video-on-demand strategy in the South African market has not worked as expected and will now be radically overhauled. That’s the word from MTN South Africa CEO Mteto Nyati, who was speaking
MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years
Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.
According to the latest ranking of the world’s richest people, published on Wednesday, Bill Gates still tops the list with a fortune of $75bn, while the net worth of Facebook’s Mark Zuckerberg has leapt higher in the past year
When it comes to saving money and cutting costs, most financial advisers will tell you not to renew your cellphone contract and switch to prepaid. But this is not necessarily the best option if you still want the latest smartphone. According to Antony
Politicians should not run ahead of themselves and expect the wholesale or partial privatisation of state-owned enterprises (SOEs), deputy President Cyril Ramaphosa said in parliament on Wednesday. Responding to oral questions from
