Author: Duncan McLeod

Dimension Data announced on Thursday that it has appointed Nompumelelo Mokou as MD of its important Southern Africa business unit, effective from 1 April 2021.

EOH expects its losses to narrow significantly in the six months ended 31 January 2021, but the shares fell sharply in reaction to a trading statement published on Thursday.

The communications regulator on Wednesday welcomed the supreme court of appeal’s decision not to grant Telkom leave to appeal in its legal battle with Vodacom over the use of access to its ducts.

MTN is tops among South African customers, while Rain is stone last – and by some distance – according to new research gauging the sentiment of consumers towards local telecommunications operators.

The supreme court of appeal has refused to entertain an application from Telkom seeking leave to appeal a high court judgment that handed victory to rival Vodacom over the use of Telkom’s ducts used to carry broadband cables.

South African fibre telecommunications infrastructure company MetroFibre Networx has raised R2.5-billion in new debt financing, led by Investec, adding to the R1.5-billion recently raised from shareholders.

Just a week after its CEO, Pieter Engelbrecht, teased the launch of its own mobile service, Shoprite Group has provided details of the launch K’nect Mobile, its mobile virtual network operator platform.

London-listed Helios Towers has reached agreements to buy and deploy over 2 500 high sites from and for Airtel Africa Group in deals that potentially give it access to four “attractive new markets”.

Rain, the first operator in South Africa to deploy a commercial 5G network, plans to roll out 2 000 5G high sites across South Africa’s main urban centres, although there is no timeframe for the build.

It’s certainly not at the same scale as a Tesla or a MicroStrategy, but some privately held South African firms have started converting a portion of their cash holdings into cryptocurrencies like bitcoin.