The Internet Service Providers’ Association, an industry body that represents many of South Africa’s ISPs, believes regulatory intervention is needed to force operators to open their networks to resellers. That this hasn’t happened
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Lenovo Group posted a surprise quarterly loss after losing its grip on the global PC market, while its smartphone unit continues to bleed money. China’s largest PC maker reported a net loss of US$72m in the three months
There’s only one stock in Asia that’s really mattered this year – Tencent Holdings, in which South Africa’s Naspers has a 33.2% stake. A 76% surge in its Hong Kong shares has lifted the company’s value by US$175bn (R2.3 trillion
An intervention by the Democratic Alliance administration in Johannesburg to clean up contracts with service providers has brought the electronic enforcement of speed limits to a halt and seriously affected law enforcement
Finnish company HMD Global has unveiled its latest Nokia-branded smartphone in a first bid to win over Samsung Electronics and Apple customers. The Nokia 8 will be available in September and will retail for a global
Pakamile Pongwana has resigned as CEO of communications regulator Icasa. This is after Pongwana was placed on “precautionary suspension” on…
Tencent Holdings posted a quarterly profit that surpassed all estimates as its marquee title Honour of Kings drove a 54% surge in mobile gaming revenue. China’s largest corporation reported a 70% surge in net income
Naspers’s conglomerate discount is widening. Its one-third stake in Tencent Holdings alone is now worth 27% more than the South African Internet company’s entire market cap. After a 70% increase in its stock so far this year
Tour2.0, an online tourism start-up that has created curated South African travel “experiences” aimed at both foreign tourists and locals interested in finding more about the country, has revealed plans to expand into at least five
Two former high-flying IT services companies have been the laggards on the JSE in 2017 so far. EOH and Adapt IT have underperformed all other IT stocks, falling by 33.9% and 42.4% respectively to mid-August. The two companies have fallen