Financial
2:40
Yesterday

US musician’s crypto-currency to ‘kill corruption’ in Africa

Multi-platinum-selling musician Akon says his new crypto-currency aims to root out corruption and empower Africa’s youth.

1:40
Yesterday

Alibaba’s Singles’ Day rakes in record $38.4bn

The Chinese retailer says the $38.4 billion figure is an increase of 26% compared to 2018.

4:50
Yesterday

Software licensing should be getting simpler

While most licensing works on a per-user basis, some vendors have started offering different options in order to simplify the process, says Richard Firth, CEO of MIP Holdings.

4:50
Yesterday

Future investments hurt Telkom as fixed-line dwindles

The group says profitability was affected by capital investments and higher hedging costs.

3:20
Yesterday

Vodacom eyes R2bn from SA’s financial services

The operator sees opportunities for its fintech operations in SA, setting its sights on doubling its billion-rand business.

2:00
Yesterday

Telkom hints at imminent acquisition

The company says plans are afoot to acquire an unnamed target, with the future of debt-ridden Cell C remaining uncertain.

5:00

MultiChoice posts strong results with R25.7bn revenue

The pay-TV operator’s revenue goes up 4% despite facing pressure from over-the-top players.

2:40
Monday

OLX to invest R6bn in German online car marketplace

The online classifieds firm looks to invest $400 million in Frontier Car Group to become the company’s largest shareholder.

2:20

Ireland hunts for ICT deals in SA

The country embarks on a trade mission in SA, looking to invest in information and communication technologies.

2:30
Monday

Vodacom’s M-Pesa hits R40bn monthly transactions

The operator records sharp growth in its M-Pesa mobile money service, which is now handling multibillion transactions per month.

10:20

Xerox makes play for HP

The company bids to buy HP, with sources suggesting a price tag of £33 billion, about 20% above HP’s current market capitalisation.