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News and Press Releases from Africa’s leading companies

Subscription-based on-demand video streaming platform Netflix is reportedly planning to add games to its subscription service sometime within the next year. The California-based company recently hired Mike Verdu, formerly of EA and Facebook's Oculus VR gaming platform, as "vice president of game development." Verdu previously worked on Sims, Plants vs....
Uncontrolled and unparalleled unrest has struck South Africa. Widespread rioting and looting stemming from exploding frustrations about inequality and poverty, as well as the jailing of former president Jacob Zuma, has led to enormous damages to both public and private property. Now, with the SANDF deployed to help law enforcement...
Comair, a South Africa-based airline, has extended the suspension of schedule kulula.com and British Airways flights until 31 August 2021 following President Cyril Ramaphosa's announcement on Sunday that South Africa would continue to remain on adjusted level 4 lockdown for at least another two weeks. Comair operates kulula.com and British...
Microsoft has acquired RiskIQ, a San Francisco-based cybersecurity company that provides threat intelligence and cloud-based software as a service (SaaS) for organisations. The acquisition will see RiskIQ's threat intelligence services integrated into Microsoft's existing flagship security offerings, with Bloomberg reporting that Microsoft will pay more than $500-million for the company. RiskIQ's...
Two of South Africa's top pharmaceutical chains, Dis-Chem and Clicks, have closed their stores, as well as COVID-19 vaccination and testing sites in KwaZulu-Natal (KZN) today following bouts of civil unrest in the province. https://twitter.com/Dischem/status/1414489799365435393?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1414489799365435393%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.businessinsider.co.za%2Flooting-shutdown-clicks-and-dischem-vaccines-in-kwazulu-natal-2021-7 These closures come after a weekend of looting and violent clashes with police around Pietermaritzburg and...
Flutterwave, one of Africa’s leading payments technology companies, will partner with the Nigerian basketball team, D’Tigers, as they head to Tokyo to compete for gold at the 2021 Olympic Games. Coach Mike Brown— Associate Head Coach of the Golden State Warriors will lead D’Tigers to the Olympics. D’Tigers are the only...
Microsoft is reportedly giving employees a $1,500 "pandemic bonus" this year for the "unique and challenging fiscal year that Microsoft just completed." Initially reported by The Verge, citing an internal memo which says that the bonuses will be distributed to all employees below corporate vice president level that started on...
Alphabet Inc.'s Google is being sued by 37 US state and district attorneys general who allege that the online media leviathan "bought off" competitors and used restrictive contracts to unlawfully maintain a monopoly for its app store on Android phones. According to Reuters, these allegations about the Google Play Store...
Nigeria's Federal Inland Revenue Service (FIRS) has instructed banks in the West African country to freeze accounts belonging to the MultiChoice Group and its subsidiaries. The revenue service has accused the massive entertainment media provider, amongst the largest on the continent, of alleged tax evasion. “It was discovered that ...
The Federal Inland Revenue Service of Nigeria (FIRS), has instructed banks in the country to freeze the accounts of South African-based media entertainment firm MultiChoice Africa and its subsidiary in Nigeria, for allegedly breaching agreements and denying access to their records for auditing. MultiChoice Africa is a widely known entity...
Former US President Donald Trump has filed lawsuits against Twitter, Facebook and Google, as well as each company's chief executive. The controversial former statesman is alleging that the companies in question all unlawfully silence conservative viewpoints, including his own. Filed in US District Court in Miami, the lawsuits allege that the...
Microsoft has issued an emergency out-of-band security update in response and in the hopes of fixing a critical "zero-day" vulnerability - known as "PrintNightmare." The PrintNightmare flaw affects the Windows Print Spooler service and if exploited can allow threat actors to run arbitrary code and take over vulnerable systems. The...
Liquid Technologies and Facebook announced a partnership to build an extensive long haul and metro fibre network in the Democratic Republic of Congo (DRC) that is expected to improve internet access for more than 30 million people and help meet the growing demand for regional connectivity across Central Africa. Facebook...
Today, Amazon founder Jeff Bezos is set to step down as chief executive of the e-commerce, logistics and cloud computing mega-power, handing over his previous title to Andy Jassy. This ends a more than two-decade run as CEO of Amazon. Bezos has led the company from its humble origins as...
Invest In Africa (IIA), an enterprise focused on growing local small and medium-sized enterprises (SMEs) in Sub-Saharan Africa to deliver positive economic impacts and create jobs, has partnered with Vodafone Ghana to support local businesses by enhancing their digital capabilities. The partnership will provide local SMEs with tailor-made digital solutions...
In efforts to extend its international footprint, Vodacom Business Africa has taken a step into Brazil, South America, thereby increasing its fixed-connectivity coverage to five continents across the globe. This trans-Atlantic connection has been made possible through the undersea South Atlantic Cable System, which is the first to directly link...
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