Solidarity, MTN in war of words over restructuring

MTN South Africa plans to restructure its finance division, with possible layoffs to follow, a move that has been severely criticised by trade union Solidarity. Source link

Your weekend forecast: more stage-2 load shedding

Eskom will implement load shedding at stage 2 on both Saturday and Sunday between 4pm and midnight as it continues to struggle to cope with demand.

The state-owned electricity utility said on Friday that stage-2 cuts will continue until Read more

UC&C interoperability offers businesses operational cost relief in tough times

With business confidence at an all-time low and costs on all fronts increasing, it is going take a while for the economy to recover and gain momentum given prevailing global economic conditions and structural economic challenges.

Businesses in South Read more

Bitcoin’s laser-eyed king is blind to billions in losses

MicroStrategy is two things: a publicly listed enterprise software company whose annual revenue has barely budged in five years, and a publicly listed bitcoin trading vehicle that has borrowed money to buy volatile cryptocurrency and lost a cumulative US$2-billion Read more

The chip boom is over: Gartner

Chip sales are growing much more slowly than expected and will begin to decline in 2023, according to Gartner, marking an abrupt end to one of the industry’s biggest boom cycles.

Global semiconductor revenue will increase just 7.4% in Read more

Central African Republic’s digital coin flops at launch

The sale of Central African Republic’s first digital coin got off to a slow start, with just over 5% of the target bought in the hours after its launch, amid questions about the project’s transparency and a wider downturn Read more

MTN partners with MIA Telecoms to offer tech entrepreneurs new revenue streams

MTN Business has appointed MIA Telecoms as its aggregator for the management of new resellers and partners.

This strategic partnership will increase the MTN Business footprint and improve the overall partnership experience for its new partners.

It is now Read more

SpaceX tops previous annual launch record – in July

Steve Nesius/Reuters

Elon Musk’s SpaceX on Friday broke its record for the number of rockets launched in a calendar year, topping last year’s slate of 31 missions amid a whirlwind campaign to launch its own Internet satellites into orbit.

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Lab-grown springbok and impala on the menu in South Africa

The global push to develop lab-grown meat is taking an exotic twist in South Africa, where slaughter-free cuts of springbok, wildebeest and impala could soon be on the menu.

Mogale Meat Co has already produced Africa’s first cell-based chicken Read more

Banned in Europe, Kremlin-backed RT news channel turns to Africa

Credit: Benoît Prieur – CC-BY-SA

RT, the Kremlin-backed television network formerly called Russia Today, is setting up its first Africa bureau as President Vladimir Putin seeks to entrench support in a continent that’s largely refrained from criticising his invasion Read more