Taiwan has suspended its plan to impose semiconductor export restrictions on South Africa just two days after announcing the measure, according to reports from Bloomberg News. The quick reversal follows a request from Pretoria to enter negotiations over the ongoing diplomatic dispute. Read: Watch this electric hypercar beat the Bugatti Chiron speed record The dramatic,…
Christian Gisy, CEO of OLX Group. OLX Group, an online classifieds business wholly-owned by Prosus, has announced an agreement to acquire La Centrale, a French autos classifieds platform, from Providence Equity Partners for €1.1 billion (R22.4 billion). The transaction is expected to close by year-end, subject to the customary employee consultation process. In a statement,…
New GX Capital founder and CEO Khudusela Pitje New GX Capital’s clean-tech investment fund, Airnergize Capital Fund I, has secured US$28-million (R488-million) in funding from Nedbank CIB. Led by New GX Capital CEO Khudusela Pitje, Airnergize was launched in April this year with the intention of investing in renewable energy, gas and water infrastructure across…
Internet service provider Afrihost has made significant revisions to its fixed-4G and fixed-5G packages, consolidating them under the simplified banner of “Wireless” offerings. This move also includes the introduction of a new, high-speed uncapped option on the Vodacom network for R799 per month. Read: Watch this electric hypercar beat the Bugatti Chiron speed record Afrihost…
Wayne Parkes, Public Sector lead at Hitachi Vantara. With attacks on public sector organisations soaring globally, Hitachi Vantara South Africa is moving to help the local public sector build resilience and underpin uninterrupted service delivery. Gerald Painter, Managing Director at Hitachi Vantara Africa, says the organisation is gearing up to boost public sector cyber resilience…
On my first long-haul flight, on a Boeing 747-200 when I was 4, the airline offered us a pile of gewgaws, presumably to keep the children quiet and out of the hair of the other passengers. Among the toys was a red View-Master, with several discs depicting the airline’s operations, airport facilities and aircraft features…
Chinese tech giant Xiaomi has unveiled its new flagship Xiaomi 17 series, a lineup designed to directly compete with Apple’s latest iPhones. During the launch event in Beijing, CEO Lei Jun repeatedly compared the new phones to Apple’s, highlighting where the Xiaomi 17 series claims to win on battery life, performance, and photography. Read: Watch…
The South African Reserve Bank will take a crypto-currency matter to the Supreme Court. In what could be a precedent-setting case, the Supreme Court of Appeal (SCA) will next year hear arguments as to whether an ‘apartheid-era’ law can be applied to digital money. This could mean that foreign exchange regulations will need to be…
French pay-TV giant Canal+ has announced sweeping changes to the leadership structure of its African operations, just days after finalising its takeover of South Africa’s MultiChoice Group. Already announced is that the combined business – covering all of Africa, including French-speaking territories – will be led by David Mignot as CEO, and that outgoing MultiChoice…
A major announcement from Qualcomm’s Snapdragon Summit confirms that Google is finally merging its Android and ChromeOS platforms to create a new operating system for computers. Read: Xiaomi launches 17 series with secondary displays and huge batteries Qualcomm CEO Cristiano Amon revealed the plan, and Sameer Samat, Google’s head of the Android Ecosystem, provided a…
