Net1 UEPS Technologies said it’s agreed to pay its founder and CEO an $8m severance payment and an about 14% premium on his shares after he agreed to step down amid a storm of controversy over a contract it holds in South Africa to distribute billions of
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Andy Rubin created the software that powers hundreds of millions of Android devices around the world. Now he has two gadgets of his own: the Essential Phone and the Essential Home. The phone’s display fills most of the
Intel, trying to head off a fledgling attempt by rival Advanced Micro Devices to compete in the market for high-end PC processors, introduced a new, more powerful chip. The company will begin selling
Amazon.com’s shares topped US$1 000 for the first time on Tuesday, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing. Amazon shares hit $1 001,20 in New York
President Jacob Zuma’s public approval rating has reached an all-time low and most members of his ruling ANC want him to resign, according to an opinion poll released two days after he survived a second bid to oust him
Bitcoin’s astronomical rally has cryptocurrency bulls feeling vindicated. Not so fast, sceptics say. The digital currency’s more than 100% surge in the past two months looks eerily familiar, argue the bears
The telecommunications industry in South Africa and the rest of the continent is on the cusp of a fibre and mobile broadband boom, as network operators scramble to meet the demand for video, cloud applications and mobile solutions among consumers
Investors on Tuesday seemed excited that LG Display Co may have decided to spend four trillion won to build out its OLED production capacity
Open-access fibre telecommunications specialist Dark Fibre Africa (DFA) said on Tuesday that it has raised more than R1,2bn in new debt funding, seemingly putting to rest speculation that it is for sale
South Africa has, in the past, been credited with taking on innovative corporate governance standards and integrated reporting. So, it’s particularly depressing to see the spectacle around the country’s largest state-owned enterprise, power utility Eskom