Blue Label Telecoms has said that plans to acquire 35% of Cell C for R4bn as part of a recapitalisation plan are still “on track”. In December last year, the boards of Cell C and its holding company, 3C Telecommunications
Author: Agency Staff
Lenovo expects its loss-making smartphone business to turn a corner next financial year as it shifts toward higher-end devices and ramps up marketing in the US and China. The world’s largest PC maker
Tencent Holdings, in which South African media and technology group Naspers holds a 34%, posted a second quarter profit that beat analysts’ expectations as the company lined up more mobile games and media
The company collecting payments for the contentious e-toll system in Gauteng is now fully owned by the Austrian conglomerate Kapsch. This was confirmed on Tuesday with the divestment of the only
South Africa’s two main opposition parties agreed to informally band together in local governments, shutting the ANC out of the management of several major cities, including Johannesburg and
South Africa’s two main opposition parties failed to clinch a deal on forming coalitions to manage some of the country’s biggest cities and shut out the ruling ANC, meaning they will probably be run by minority governments
Ford Motor Co, which put the world on wheels a century ago, is now taking the driver out of the driver’s seat. The company said it plans to have a fully autonomous vehicle – no steering wheel and no accelerator or brake
Cisco Systems, the largest maker of networking equipment, will cut as many as 14 000 employees worldwide, or 20% of its workforce, CRN reported, citing people close to the company. San Jose, California-based Cisco
A South African court told the nation’s energy regulator to review its decision to allow the state-owned power utility to increase prices from 1 April after a group of business people argued the company needed to be more open about its expenses
The outcome of a meeting between the Communication Workers Union and MTN management on Tuesday could decide whether or not strike action commences. MTN staff are on the brink of a