Business

Bitcoin sinks along with other digital currencies

[ad_1] Bitcoin and other digital currencies tumbled on Thursday, a drop that will likely fuel speculation about the durability of the cryptocurrency boom. Bitcoin plummeted to 8.7%, the most since the beginning of August, while digital currencies like Ether also fell. The Bloomberg Galaxy Crypto Index at one point slipped …

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Mr Price buys a value fashion retailer with 170 stores

[ad_1] Price has entered into an agreement to acquire the high-performance retailer, Power Fashion, which currently has 170 stores in South Africa. Reuters analysts set the acquisition value at around R1.6 billion. Power Fashion was founded in the 1950s and is a high-growth family-owned clothing retailer based in Durban, South …

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Government crackdown on pirating websites in South Africa

[ad_1] The South African government plans to crack down on illegal file sharing and streaming websites in South Africa. Speaking to Parliament’s Communications Portfolio Committee, the Department of Digital Communications and Technologies (DCDT) said ISPs should be required to cooperate with the government to combat online piracy. A new proposal …

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