The historic combination of favourable macroeconomic conditions for Africa began to reverse in 2013, with a weakening of most commodity prices as well as the taper tantrum in the global financial
MTN South Africa has taken an impairment charge of R592m related to over-spending on handsets in 2015. Parent MTN Group revealed in its annual results, published on Thursday, that
Digital cryptocurrency Bitcoin faces a key year ahead that could seal the fate of its long-term adoption, says South African-born Silicon Valley entrepreneur Vinny Lingham. Lingham first integrated Bitcoin payments into his US-based digital gift
Cape Town audiologist Gail Jacklin, who lost over R200 000 in a Sim-swap scam earlier this year, says she is emotionally drained and has lost trust in both First National Bank and MTN. Earlier this week, private consulting forensic
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