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Shuttleworth, Reserve Bank square off

Shuttleworth, Reserve Bank square off

The supreme court of appeal is expected to hear an appeal by billionaire businessman Mark Shuttleworth against a R250m levy imposed by the South African Reserve Bank, the Sunday Independent reported. Shuttleworth would on Thursday argue against the decision by

Shuttleworth’s Ubuntu phone a no-go

Shuttleworth’s Ubuntu phone a no-go

A month ago, South African billionaire Mark Shuttleworth launched an ambitious project, through his company Canonical, to raise US$32m in a month in order to build a smartphone, the Ubuntu Edge, that would act as both a mobile phone and a portable desktop computer powered by the Ubuntu

Inside Shuttleworth’s big smartphone bet

Inside Shuttleworth’s big smartphone bet

South African billionaire, Ubuntu Linux founder Mark Shuttleworth, revealed on Monday that his company, Canonical, wants to raise US$32m by means of crowdfunding to build a mobile phone called the Ubuntu Edge that will have the computing clout to serve as a desktop replacement. But if

Shuttleworth judgment opens door: DA

Shuttleworth judgment opens door: DA

The high court’s decision to declare certain sections of the Currency and Exchanges Act unconstitutional opens a door for a parliamentary review of the country’s “antiquated” exchange control system, the Democratic Alliance said on Sunday. DA MP Tim

Shuttleworth loses exchange control battle

Shuttleworth loses exchange control battle

Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s entire exchange control system declared unconstitutional has failed. The high court in Pretoria on Thursday dismissed Shuttleworth’s application to strike down the whole of section 9 of the Currency and Exchange Act and all of the Exchange

Where are SA’s next mavericks?

Where are SA’s next mavericks?

Mark Shuttleworth certainly isn’t afraid of taking the proverbial bull by the horns. After selling his South African Internet security business Thawte for US$575m at the height of the dot-com bubble, spending $20m and a year in training to become the first South African in space, and launching an operating system

Exchange control: Shuttleworth speaks out

Exchange control: Shuttleworth speaks out

Internet billionaire and Ubuntu Linux founder Mark Shuttleworth is engaged in a high-profile court battle with the South African Reserve Bank in an effort to have the country’s exchange control system declared unconstitutional. TechCentral editor Duncan McLeod asked Shuttleworth

Reserve Bank lays into Shuttleworth

Reserve Bank lays into Shuttleworth

Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s exchange control system declared unconstitutional could have a devastating effect on the country, the South African Reserve Bank said on Tuesday. Jeremy Gauntlett SC, for the

Shuttleworth declares war on exchange control

Shuttleworth declares war on exchange control

Billionaire entrepreneur Mark Shuttleworth has taken the South African government to court to have the country’s exchange control system declared unconstitutional. Shuttleworth also wants the high court in

Not lost in translation

Not lost in translation

In Douglas Adams’s The Hitchhiker’s Guide to the Galaxy, alien species from across the universe communicate using a “small, yellow, leech-like” animal called the Babel fish, which “feeds on brain-wave energy, absorbing all unconscious frequencies and then excreting telepathically

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