South Africa’s mobile operators, including Vodacom, MTN and Rain, are set to face a big challenge to their business models from an unexpected quarter: fixed-line broadband. By Duncan McLeod.
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The European Union is proposing to prohibit anonymous cryptocurrency transactions as part of a broader plan to combat money laundering and terrorism financing.
Jeff Bezos, the world’s richest person, on Tuesday is set to blast off aboard his company Blue Origin’s New Shepard launch vehicle for a suborbital flight as part of a history-making crew. Watch the launch live-stream video here.
Eskom has asked South Africans to cut back on their use of electricity as the South African Weather Service forecasts of the arrival of a powerful winter weather system this week.
Naspers-controlled consumer Internet investment group Prosus is leading an R18.2-billion funding round in Indian food-delivery giant Swiggy. Japan’s SoftBank Group is a co-investor in the round.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
Pandemics don’t cause riots. They do, though, create the perfect conditions for turmoil in fragile societies that are already powder kegs of sky-high unemployment, and where Covid-19 has inevitably hit the poor hardest.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
The US and a coalition of allies on Monday accused China’s ministry of state security of a global hacking campaign, specifically attributing a large Microsoft attack disclosed earlier this year to hackers working on Beijing’s behalf.