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
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
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 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
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.
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
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