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Ex-Cell C Exec Arrested For Alleged R64 Million Fraud

A 44-year-old former IT manager for mobile network service provider Cell C was arrested by the Hawks in connection with an alleged tender scam...

Cellular Handsets Strategic Driver of Traffic Into Mr Price Stores and Online

South African retailer Mr Price uses cellular handsets and accessories to drive footfall traffic into its stores and online platforms. Driving in-store traffic is the...

Crypto Exchange Ovex Closes Strategic Investment From FTX And Is Now SA’s Largest OTC

Ovex, a Cape Town-based cryptocurrency exchange, announced on Wednesday a strategic investment from quantitative cryptocurrency trading firm Alameda Research, developer of the 5th largest...

SABC Calls For Inquiry To Determine Licence Conditions, Tariff Structure For DSB

The SABC has called for an inquiry to determine licence conditions and tariff structure for digital sound broadcasting (DSB) services. “The Authority must conduct an...

Primedia Says Streaming, Online Audio Services Have Overtaken Digital Sound Broadcasting

In a submission to the country’s communications watchdog ICASA, broadcaster Primedia has recommended that the regulator ensures final Digital Sound Broadcasting (DSB) regulations make...

Naspers Takes Another R250 Million Bet On SA’s AgriTech Business Aerobotics

Naspers announced on Wednesday a R250 million ($17 million) investment in AgriTech business Aerobotics. The Series B round that was oversubscribed was led by...

Microsoft Invests R29 Billion In GM’s Driverless Vehicle Company Cruise

Microsoft has invested in Cruise, General Motors (GM) driverless car unit, pushing the company's valuation to $30 billion (R447 billion). The global tech company...

FSCA ‘Wants’ Profiteers At MTI Bitcoin Ponzi Scheme To Pay Back The Money

The South African financial regulator, the Financial Sector Conduct Authority (FSCA) supports the liquidators of Mirror Trading International (MTI) to recoup money paid to...

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