MTN Group CEO Ralph Mupita has warned that if South Africa does not act as a country to address the crises it faces, it risks becoming a failed nation-state. “We have time, but the time is now to act very decisively around these crisis issues that the country is facing,” Mupita said.

PayShap, the rapid payments platform endorsed by the South African Reserve Bank, has been launched, with four banks – Nedbank, Absa, Standard Bank and FNB – supporting it from day one.

MTN has released its annual results and reported a 42.8% increase in profit across the group from R17 billion in 2021 to R24.3 billion in 2022.

South Africa risks becoming a “failed nation state” unless the government resolves challenges including an energy crisis, corruption and extreme unemployment, said MTN Group’s CEO on Monday.

MTN Group has moved to quantify the impact of load shedding on its South African operation’s earnings, saying on Monday that Eskom’s woes cost it R695-million in Ebitda in the 2022 financial year.

Amazon.com plans to launch its first Internet satellites to space in the first half of 2024 offering end-user speeds of 400Mbit/s.

Seacom has launched services on the Google-owned Equiano undersea cable, promising private lines with latencies of 110 milliseconds between South Africa and Europe.

SpaceX has launched Starlink Roam — a global roaming option for the satellite Internet service — with monthly prices starting from $150 (R2,762) for regional access.

Competition Commission said on Friday that it plans to initiate an investigation into digital media and platforms in South Africa, and has published draft terms of reference for the planned probe.

South African data-only network Rain is looking to launch a full mobile service this year.

A new global survey carried out ahead of International Women's Day (IWD) today, March 8, 2023, held under the theme "DigitALL: Innovation and technology for gender equality," reveals that parity for women in technology-related positions and industries is still a way off.