Zimbabwe’s police have accused Econet Wireless, the country’s dominant mobile phone company, of money laundering, demanded a list of its subscribers and issued a search warrant against it. Click here to discuss this article.

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Zimbabwe accuses Econet of money laundering

TechCentral editor Duncan McLeod is joined by Africa Data Centres CEO Stephane Duproz for a discussion on the company’s recent acquisition of Standard Bank’s Samrand data centre.

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Interview: Africa Data Centres CEO Stephane Duproz

Teraco Data Environments plans to invest R4-billion in Africa to meet rising demand for data as the continent’s governments battle the coronavirus.

Continue Reading Teraco earmarks R4-billion for data centre expansion

Teraco earmarks R4-billion for data centre expansion

Africa Data Centres is acquiring Standard Bank’s giant data centre facility in Samrand, north of Johannesburg, for an undisclosed sum. The transaction is subject to the approval of the competition authorities.

Continue Reading Africa Data Centres buys huge Standard Bank DC facility

Africa Data Centres buys huge Standard Bank DC facility

Intel has bought Habana Labs, an Israeli start-up that develops chips for artificial intelligence applications, for about $2-billion to bolster its efforts in the fast-growing market for AI silicon.

Continue Reading Intel buys Israeli AI chip maker Habana Labs for $2-billion

Intel buys Israeli AI chip maker Habana Labs for $2-billion

South Africa’s Mergence plans global expansion with fintech buy

South Africa’s Mergence Group has bought a 26% stake in local customer reward start-up 2Engage as part of global expansion plans targeting retail consumers.

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South Africa’s Mergence plans global expansion with fintech buy

FNB explains why it’s closing crypto-exchange bank accounts

First National Bank provided more insight on Wednesday into why it has given notice to cryptocurrency trading platforms in South Africa that it will shut their bank accounts.

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Continue Reading FNB explains why it’s closing crypto-exchange bank accounts

FNB explains why it’s closing crypto-exchange bank accounts

Rate cut may be next as inflation slows dramatically

South Africa’s annual inflation rate dropped more than forecast to the lowest in almost nine years in October, providing some room for the central bank to ease policy.

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Continue Reading Rate cut may be next as inflation slows dramatically

Rate cut may be next as inflation slows dramatically

Huawei calls for end to ‘unjust treatment’ by US government

Huawei has urged the US government to end its “unjust treatment” of the Chinese technology giant after it was granted an extension to a temporary trade licence in the country.

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Continue Reading Huawei calls for end to ‘unjust treatment’ by US government

Huawei calls for end to ‘unjust treatment’ by US government

Eskom’s new outsider CEO is no stranger to business adversity

André de Ruyter, the next CEO of embattled Eskom, has experience trying to turn around struggling companies.

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Continue Reading Eskom’s new outsider CEO is no stranger to business adversity

Eskom’s new outsider CEO is no stranger to business adversity

Dimension Data parent NTT in race for top talent

NTT Group is offering record pay to hire top scientists as it looks to match some of the basic research prowess of global powerhouses including Google and Apple.

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Continue Reading Dimension Data parent NTT in race for top talent

Dimension Data parent NTT in race for top talent

Icasa to probe Cell C, MTN deal

Communications regulator Icasa said on Tuesday that it will probe the just-signed expanded roaming agreement between MTN South Africa and Cell C.

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Icasa to probe Cell C, MTN deal

Bondholders not convinced De Ruyter is best pick for Eskom CEO

Bond investors aren’t showing much faith in Eskom’s new boss, with yields on the company’s 2021 dollar bonds jumping the most in more than three months after the appointment of André de Ruyter.

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Continue Reading Bondholders not convinced De Ruyter is best pick for Eskom CEO

Bondholders not convinced De Ruyter is best pick for Eskom CEO

Takealot expects 80% leap in Black Friday sales

Takealot expects Black Friday sales to rise by about 80% to R352-million this year. The online retail group sees the last Friday of November as a key driver and measure of its growth in South Africa.

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Continue Reading Takealot expects 80% leap in Black Friday sales

Takealot expects 80% leap in Black Friday sales

Telkom rubbishes talk of hostile bid for Cell C

Telkom on Tuesday rubbished talk among some JSE traders that it is planning a hostile bid for Cell C.

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Continue Reading Telkom rubbishes talk of hostile bid for Cell C

Telkom rubbishes talk of hostile bid for Cell C

Google makes another cloud acquisition during antitrust probe

Google announced plans to buy enterprise software firm CloudSimple, another sign the search giant isn’t letting a flurry of antitrust investigations interrupt its expansion strategy.

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Continue Reading Google makes another cloud acquisition during antitrust probe

Google makes another cloud acquisition during antitrust probe

Andre de Ruyter: The man tasked with saving Eskom

After months of speculation and delays, South Africa named Andre de Ruyter as CEO of its debt-crippled state power utility, surprising investors with an unexpected choice and angering a key union.

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Continue Reading Andre de Ruyter: The man tasked with saving Eskom

Andre de Ruyter: The man tasked with saving Eskom

More pain in store for bitcoin as it falls for third week

The largest cryptocurrency’s slide snowballed on Monday, with the price dropping as much as 5% to test the key $8 000 level, which it hasn’t breached since the end of October.

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Continue Reading More pain in store for bitcoin as it falls for third week

More pain in store for bitcoin as it falls for third week

Andre de Ruyter is surprise choice to lead Eskom

Andre de Ruyter has been appointed as CEO of Eskom, the debt-strapped utility that provides about 95% of the nation’s electricity and poses the biggest threat to its economy.

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Continue Reading Andre de Ruyter is surprise choice to lead Eskom

Andre de Ruyter is surprise choice to lead Eskom

Telkom reacts to Cell C, MTN deal

Telkom said that it expects that the “parties involved” will have considered the newly announced, much-expanded roaming agreement between Cell C and MTN South Africa “in the context of the discussions with Telkom”.

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Continue Reading Telkom reacts to Cell C, MTN deal

Telkom reacts to Cell C, MTN deal

Huge Group partners with MTN following Cell C dispute

JSE-listed telecommunications specialist Huge Group said on Monday that it has partnered with MTN South Africa to provide additional GSM voice services to its subsidiary companies.

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Huge Group partners with MTN following Cell C dispute

Telkom shares tumble as Cell C, MTN cosy up

The share price of Telkom tumbled on Monday morning while Blue Label Telecoms rose after MTN South Africa and Cell C announced they had signed a massively expanded roaming deal.

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Continue Reading Telkom shares tumble as Cell C, MTN cosy up

Telkom shares tumble as Cell C, MTN cosy up

Ford unveils electric Mustang

Ford is reinventing one of its marquee models – the Mustang muscle car – as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

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Continue Reading Ford unveils electric Mustang

Ford unveils electric Mustang

MTN, Cell C deal ‘meets regulatory requirements’

Cell C’s expanded roaming agreement with MTN South Africa, which was signed at the weekend, “adheres to all applicable legal and regulatory requirements”, the companies said.

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MTN, Cell C deal ‘meets regulatory requirements’

MTN, Cell C ink new roaming deal

MTN South Africa and Cell C have signed a comprehensive new roaming deal, potentially making it more complicated for Telkom to pursue an acquisition of Cell C.

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Continue Reading MTN, Cell C ink new roaming deal

MTN, Cell C ink new roaming deal

Study suggests objective reality does not exist

In the micro-world of atoms and particles that is governed by the strange rules of quantum mechanics, two different observers are entitled to their own facts.

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Continue Reading Study suggests objective reality does not exist

Study suggests objective reality does not exist

‘A disaster’: Labour plan to nationalise UK broadband slammed

Jeremy Corbyn sent shockwaves through London’s financial district as he unveiled plans to nationalise the UK’s broadband network, providing free Internet access for every home in the country.

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Continue Reading ‘A disaster’: Labour plan to nationalise UK broadband slammed

‘A disaster’: Labour plan to nationalise UK broadband slammed

Bill Gates is the world’s richest person once again

This time it’s official. Microsoft co-founder Bill Gates overtook Amazon.com’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.

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Continue Reading Bill Gates is the world’s richest person once again

Bill Gates is the world’s richest person once again

Orange starts work toward IPO of its Africa business

Orange, France’s dominant phone company, is starting preparations for a potential initial public offering of its Africa and Middle East unit, people familiar with the matter said.

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Continue Reading Orange starts work toward IPO of its Africa business

Orange starts work toward IPO of its Africa business

Jack Ma sees huge e-commerce opportunity in Africa

Jack Ma, the co-founder of Alibaba Group, said African entrepreneurs will find countless opportunities in e-commerce, logistics and e-payments as the continent prepares for the start of a free-trade deal.

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Continue Reading Jack Ma sees huge e-commerce opportunity in Africa

Jack Ma sees huge e-commerce opportunity in Africa

Huawei’s foldable phone goes on sale with no Google apps

Chinese technology giant Huawei has begun selling its first foldable smartphone without Google apps or US-made processor chips following sanctions imposed by Washington.

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Huawei’s foldable phone goes on sale with no Google apps

Intrigue as JSE intervenes in Telkom’s Cell C pursuit

Telkom on Friday informed investors that it is pursuing an acquisition of Cell C. So, why didn’t Telkom just say so in the first place? By Duncan McLeod.

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Intrigue as JSE intervenes in Telkom’s Cell C pursuit

Telkom confirms it’s pursuing Cell C

Telkom on Friday confirmed what everyone already knows: that it is pursuing an acquisition of the financially troubled mobile operator Cell C.

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Continue Reading Telkom confirms it’s pursuing Cell C

Telkom confirms it’s pursuing Cell C

Amazon to fight giant cloud deal won by rival Microsoft

Amazon.com has given notice that it will file a lawsuit challenging the US defence department’s decision to award Microsoft a cloud computing contract valued at as much as $10-billion over a decade.

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Continue Reading Amazon to fight giant cloud deal won by rival Microsoft

Amazon to fight giant cloud deal won by rival Microsoft

Apple may bundle digital subscriptions as soon as 2020

Apple is considering bundling its paid Internet services, including News+, Apple TV+ and Apple Music, as soon as 2020, in a bid to gain more subscribers.

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Continue Reading Apple may bundle digital subscriptions as soon as 2020

Apple may bundle digital subscriptions as soon as 2020

Facebook harmful content figures ‘underplay’ scale of problem

Facebook has been accused of using “selective big numbers” to promote its latest transparency report after it published figures on the amount of harmful content it had taken down in recent months.

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Continue Reading Facebook harmful content figures ‘underplay’ scale of problem

Facebook harmful content figures ‘underplay’ scale of problem

China shows off Mars lander

China invited observers to a successful test of its Mars lander as the country pushes for inclusion in more global space projects.

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Continue Reading China shows off Mars lander

China shows off Mars lander

Is Telkom on a fool’s errand with Cell C?

Any deal for Cell C has to resolve its roughly R9-billion debt problem, which is about R1.5-billion larger than it was last May. By Hilton Tarrant.

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Is Telkom on a fool’s errand with Cell C?

SAA to ground nearly all flights from Friday

South African Airways has cancelled nearly all its flights scheduled for Friday, 15 November and Saturday, 16 November.

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Continue Reading SAA to ground nearly all flights from Friday

SAA to ground nearly all flights from Friday

Iconic Motorola Razr is back, now as a foldable smartphone

Motorola is rebooting the iconic Razr flip phone as a 6.2-inch smartphone with a foldable display that gives the Lenovo-owned brand a unique selling point against Apple and Samsung’s finest.

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Continue Reading Iconic Motorola Razr is back, now as a foldable smartphone

Iconic Motorola Razr is back, now as a foldable smartphone

Cell C rescue deal must comply with the rules: Icasa

Communications regulator Icasa on Wednesday moved to caution those involved in various efforts to rescue mobile operator Cell C that any deal must meet “regulatory compliance requirements”.

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Continue Reading Cell C rescue deal must comply with the rules: Icasa

Cell C rescue deal must comply with the rules: Icasa

Takeaway won’t overpay in race with Prosus for Just Eat

Takeaway.com CEO Jitse Groen said it doesn’t make sense to overpay in its bid to gain control of rival Just Eat as it battles Naspers Internet spin-off Prosus, which officially filed its hostile offer for Just Eat on Monday.

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Continue Reading Takeaway won’t overpay in race with Prosus for Just Eat

Takeaway won’t overpay in race with Prosus for Just Eat

Vast Networks liquidation: ‘No one wanted to sign on the dotted line’

MultiChoice Group and Dimension Data decided to liquidate Vast Networks, South Africa’s largest public Wi-Fi hotspot provider, after several attempts to sell the business fell through.

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Vast Networks liquidation: ‘No one wanted to sign on the dotted line’

Big profit miss at Tencent sends Naspers, Prosus tumbling

Tencent posted quarterly earnings that missed the lowest analyst’s estimate after a weakening economy hurt advertisement revenue.

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Continue Reading Big profit miss at Tencent sends Naspers, Prosus tumbling

Big profit miss at Tencent sends Naspers, Prosus tumbling

Telkom CEO blasts Icasa’s 5G licensing proposal

Telkom CEO Sipho Maseko said communications regulator Icasa is making a grave mistake in the way it proposes to license access to the 5G-suitable 3.5GHz radio frequency spectrum band.

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Continue Reading Telkom CEO blasts Icasa’s 5G licensing proposal

Telkom CEO blasts Icasa’s 5G licensing proposal

Post Office to retrench workers as jobs axe swings at SOEs

The Post Office is cutting several hundred jobs, the second state-owned company in as many days to detail plans to lay off workers as the government looks to slash its wage bill.

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Post Office to retrench workers as jobs axe swings at SOEs

As it bleeds fixed-line users, Telkom faces its day of reckoning

In the past year, Telkom lost 186 141 copper broadband lines but only gained 55 577 fibre connections. This has caused tremendous pressure on its revenue line.

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Continue Reading As it bleeds fixed-line users, Telkom faces its day of reckoning

As it bleeds fixed-line users, Telkom faces its day of reckoning

Disney hit by technical glitches as it rolls out Netflix rival

Walt Disney’s much-anticipated debut of its new streaming video service was marred by technical glitches and crashes for some users, though it still stirred excitement online.

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Continue Reading Disney hit by technical glitches as it rolls out Netflix rival

Disney hit by technical glitches as it rolls out Netflix rival

Apple to launch MacBook Pro with bigger screen, new keyboard

Apple plans to debut a new MacBook Pro laptop with a larger screen and revamped keyboard as soon as Wednesday, according to people familiar with the situation.

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Continue Reading Apple to launch MacBook Pro with bigger screen, new keyboard

Apple to launch MacBook Pro with bigger screen, new keyboard

Michael Jordaan’s Bank Zero readies for launch

Bank Zero, the digital bank backed by former First National Bank CEO Michael Jordaan, is on track to launch in the first half of next year and is promising innovations to stamp out card fraud.

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Michael Jordaan’s Bank Zero readies for launch