China’s regulators plan to curtail the number of online games and discourage play-time, part of a broader effort to tackle device addiction and other ills that sent shares reeling from the US to Japan.
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Lumko Mtimde, the suspended CEO of government’s universal service agency Usaasa, must be reinstated by next week, public protector Busisiwe Mkhwebane has ruled in a report that has condemned the conduct of the agency’s board.
Apple has set 12 September as its most important day of the year when the world’s most valuable public company will unveil the next iPhones.
MTN Group shares plunged more than 22% on Thursday morning after reports emerged that the Nigerian central bank has ordered four banks to refund more than $8-billion “illegally expatriated” by the telecommunications provider.
Struggling power utility Eskom is expected to submit an application to energy regulator Nersa for an average tariff increase of 15%/year for the next three years.
MTN Group has hit out at the Central Bank of Nigeria over a demand to refund more than $8-billion allegedly illegally expatriated from the country over an eight-year period.
Amazon.com headed for its biggest gain in four months, pulling within US$26-billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
Eran Eyal, a South African-educated technology entrepreneur who now lives in the US, is facing criminal charges in the New York for allegedly stealing more than $600 000 from investors.
Nigeria ordered four banks including Citigroup and Standard Chartered to refund more than $8-billion it says was illegally expatriated by MTN Group over eight years through to 2015.
Vodacom is negotiating a wireless network sharing deal with Telkom as a replacement for former partner Cell C, according to people familiar with the matter.