MultiChoice is bracing for a major organizational shake-up following its acquisition by French media giant Groupe Canal+. While a three-year retrenchment moratorium imposed by South African competition authorities temporarily protects local workers, industry experts warn it may merely delay deeper job cuts rather than prevent them entirely. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday:…
More than 10 investigations underway as the Financial Sector Conduct Authority highlights systemic risks in trading platforms. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) has intensified its scrutiny of online investment and trading platforms, with more than 10 active investigations underway, amid mounting consumer complaints. Speaking during a roundtable discussion last week…
Sony Honda Mobility, the high-profile joint venture between two of Japan’s industrial titans, has officially pulled the plug on its electric vehicle ambitions. In a recent statement, the company confirmed it will “discontinue the development and launch” of the Afeela 1 and Afeela 2, effectively ending years of anticipation for the tech-heavy cars. While the…
–Say soaring fuel prices could cripple economy –Urge immediate govt’s action to save situation –Consumers groan as petrol hits N1,371/litre in Abuja, Lagos, others – The Nigeria Employers Consultative Association, NECA; Nigeria Labour Congress, NLC; Lagos Chamber of Commerce and Industry, LCCI; and the Association of Small Business Owners of Nigeria, ASBON, yesterday, raised fresh…
Canal+ CEO Maxime Saada has confirmed that the company will launch its flagship over-the-top (OTT) platform, the Canal+ app, in South Africa to replace Showmax. The decision follows a formal announcement by MultiChoice on March 5, 2026, to shut down the homegrown streamer after years of accelerating financial losses. Read: Oppo teases ‘zero-feel crease’ for…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
As Nigerian stars fall short again at the Grammys, questions resurface about representation, relevance, and Africa’s place in global music recognition, Vanessa Obioha writes Following Davido’s third consecutive loss at the Grammys, the singer has reignited debates about the need for an African Grammys. At the 68th Grammy Awards held last weekend in the United…
The world’s most popular cryptocurrency has lost about one-third of its value since the start of the year. Published On 6 Feb 20266 Feb 2026 Click here to share on social media share2 Share Bitcoin has fallen sharply, racking up more losses after a tumultuous week for the world’s most popular cryptocurrency. The digital currency…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Monday, after Wall Street declined Friday stateside as investors took a breather from the AI trade. “[Friday] is a value-outperforms-growth day,” said Jed Ellerbroek, portfolio manager at…
Asia-Pacific markets were mostly lower on Tuesday after losses on Wall Street, with investors holding back ahead of the U.S. Federal Reserve’s decision on Dec. 10 stateside. The central bank is widely expected to cut rates by another 25 basis points at its final meeting of the year, bringing the Federal Funds rate to 3.5%-3.75%….
