High time for South Africa to open the crypto taps: VALR chief Farzam Ehsani says they are working with household names in the financial industry to bring crypto assets to the public. Other industry players say regulatory hurdles remain. – MyBroadband
How Huawei won the 2024 MyBroadband Award for Best Mobile Network Vendor: The global technology giant has consistently demonstrated its commitment to South Africa and Africa. – MyBroadband
South Africa’s R1.6-billion high-speed Internet access plan: The revamped SA Connect model aims to reach 80% connectivity in South Africa in 2024. – MyBroadband
Fresh high-demand spectrum auction deadline announced: The next auction is set for 2025, but Icasa will conclude the necessary groundwork, preparatory process, and research over the next 12 months. – MyBroadband
Arm shares tumble: The chip designer gave a lukewarm revenue forecast for the fiscal year, raising concerns that the tech industry’s artificial intelligence spending spree is slowing. – MyBroadband
Mirror Trading International liquidator issues urgent legal instruction to investors and members: MTI investors and members who received more bitcoin than they invested into the scheme are required by law to return the difference to the company’s liquidators. – MyBroadband
Say goodbye to Eskom as you know it: Former Eskom CEO André de Ruyter says the private sector will replace Eskom and take over electricity generation in South Africa. – MyBroadband
Bitcoin miners turn to AI to boost revenue: Large-scale miners are trying to boost revenue and take advantage of the AI boom by converting some of their assets to provide data centre services to AI companies. – MyBroadband
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