Author: Duncan McLeod

MTN Group’s headline earnings per share will rise by as much as 50% in the year ended 31 December 2019, it said in a trading statement issued after markets closed in Johannesburg on Tuesday.

EOH Holdings has announced that Andrew Mthembu has been appointed as full-time chairman following the death last month of previous chairman Xolani Mkhwanazi.

Since their peak in 2016, shares in EOH – which describes itself as Africa’s largest technology service provider – have plunged by an eye-watering 97%. They have lost more than 50% in the value since 1 January alone.

Vodacom’s agreement with Liquid Telecom to roll out a national 5G network using the latter’s spectrum will entrench the dominance of the country’s biggest mobile operator, Telkom warned has warned.

Vumatel is implementing wholesale price adjustments for its fibre-to-the-home products, with “nominal” increases for entry-level line speeds and price cuts for faster services.

Vodacom said on Tuesday that, thanks to its recently concluded roaming agreement with Liquid Telecom, it will launch next-generation 5G services in South Africa in 2020.

Cable ship the Leon Thevenin is now running two days ahead of schedule with repairs to the Wacs and Sat-3/Wasc cable systems that were severed last month due to a suspected earthquake.

Vox has more than doubled its planned roll-out of fibre broadband infrastructure and is now aiming for as many as 400 000 homes passed in the coming years, up from the 140 000 previously targeted.

In a pre-closing update ahead of the publication of the group’s interim financial results for six months to end-January 2020, EOH signalled that it’s slowly turning the corner, operationally at least.

It’s not all doom and gloom at Cell C, apparently. The debt-laden mobile operator has managed to scrounge up the cash to renew its sponsorship of Sharks Rugby.