Equinix plans to invest $160 million to build its first data centre in South Africa, as part of the firm’s African expansion push.The US data centre company will build its …
BusinessEconomyINVESTMENTSouth AfricaTechnology
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Economy
Twitter Inc. resumed selling its Twitter Blue premium offering, which gives users a blue verification badge by their names, following a weeks-long pause because some subscribers were using the paid …
- BusinessEconomyMobile Telecommunications Network (MTN)South AfricaTechnology
MTN GlobalConnect lands 2Africa undersea cable in South Africa
The world’s longest undersea cable, 2Africa, has made landfall at Yzerfontein and is linked to its cable landing station at Duynefontein near Cape Town. MTN GlobalConnect officially announced the landing …
- BusinessEconomyInformation TechnologyMorocco
Morocco witnesses Over 77,000 New Businesses in the first 10 month of 2022
Morocco saw the creation of exactly 77,322 in the first 10 months of 2022, according to data from the Moroccan Office of Industrial and Commercial Property (OMPIC). 52,968 of the …
- BusinessEconomyEnergySouth Africa
Eskom load-shedding hit stage 7 power cuts for general electricity users
Eskom “technically” implemented stage 7 load-shedding at one point last week, according to the Bureau for Economic Research’s (BER’s) latest weekly review. The BER argues Eskom’s power cuts reached this …
- BusinessEconomyEntrepreneurshipFinance & ServicesNigeria
Flour Mills boosts local content development and promotes SMEs through Innovation competition
Flour Mills of Nigeria Plc has announced the commencement and call for applications in the second edition of its ‘Prize for Innovation” competition. The annual competition, which started in 2021, …
- BusinessEconomyMarketsSouth AfricaTechnologyUncategorized
China Telecom launches it’s IP service and CTGNET in South Africa and other African cities
China Telecom has launched its premium IP transit service, CTGNET, in several new African cities – including Cape Town, Durban, Johannesburg, Nairobi, Mombasa, and Djibouti. CTGNET is the latest global …
- BusinessEconomyGlobal NewsSouth AfricaTechnologyUncategorized
Elon Musk loses title as world’s richest man on Forbes list
Twitter and Tesla CEO, Elon Musk, is no longer the richest person in the world, Forbes announced on Thursday. Forbes listed Mr Musk as occupying the second position in its latest …
- BusinessEconomyMarketsNigeriaOil & GasUncategorized
Nigerian regulators and oil marketers to end prolonged fuel scarcity in 48 hours
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other relevant organizations in the oil sector agreed Thursday to end the lingering fuel scarcity across the country in 48 …
Kenya paid Sh4.9 billion in subscriptions to the African Union and other international organisations, highlighting the burden taxpayers shoulder to maintain the country’s membership in various global bodies. Kenya set …