Technology

MTN under pressure to list in Uganda

MTN Group is facing pressure to list its unit in Uganda as Africa’s largest mobile phone company seeks to renew a licence in the country...

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Tearful Musk explains tweet that set off a storm

Elon Musk said no one saw or reviewed his tweet about the plan to take Tesla private before he posted it, The New York Times reported, citing an interview in which the billion...

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Adapt IT to continue buying back ‘undervalued’ shares

Adapt IT will continue aggressively to buy back its own “undervalued” shares, CEO Sbu Shabalala said...

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Tencent’s troubles run deeper than many realise

Investors and analysts who think that all Tencent needs is for Beijing to restart the approval of new games may be missing the bigger picture...

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Google not compromising its principles over China: Sergey Brin

Google CEO Sundar Pichai told employees at a meeting that plans to re-enter China with a search engine are “exploratory” and in “early stages”, addressing a topic that...

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Nvidia falls as crypto demand evaporates

Nvidia’s nine-month crypto gold rush is over. Sales of graphics chips to miners of cryptocurrencies like ethereum dried up faster than expected, the company said...

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Economy still under severe strain

President Cyril Ramaphosa had hopes of lifting economic growth to 3% in 2018. Economists think that goal is even more unattainable than before...

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Adapt IT posts improved earnings

Adapt IT has reported a 14% improvement in headline earnings per share for the year ended 30 June 2018 on the back of a 36% growth in turnover, much of which flowed through fr...

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‘If it can happen to Tencent, it can happen to anyone’

China long celebrated Tencent as a national champion. Now the tech giant is getting a taste of what it’s like to be on the other side of government patronage...

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MTN may sell shares in Jumia

MTN Group is exploring a sale of shares in African online retailer Jumia and values the company at as much as US$1-billion, according to people familiar with the matter...

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Helios eyes DRC after scrapping listing plans

Helios Towers is investing tens of millions of dollars in the Democratic Republic of Congo and looking for acquisitions as the African phone-tower operator seeks to move on fr...

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Interview: Naspers CEO Bob van Dijk and letgo co-founder Alec Oxenford

Naspers will invest a further $500-million into US mobile classifieds platform letgo. Duncan McLeod interviews Naspers CEO Bob van Dijk and letgo co-founder Alex Oxenford abou...

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Tencent shares take a beating on gaming woes

Tencent slumped after the Chinese social media giant reported shockingly poor quarterly numbers, underscoring how tech superstars that led the market to new heights are showin...

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Is the loss-making Uber a viable business?

After a decade of operation and perhaps a year or so away from its initial public offering, an essential unanswered question remains: is Uber viable?...

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