Author: Duncan McLeod

SAEx, a long-running project by a team of South Africans to build a submarine cable system, has a renewed lease on life.

The Competition Commission has Google, X, Meta Platforms and other tech and social media companies in its sights.

Naspers subsidiary Prosus has agreed to buy Just Eat Takeaway.com for €4.1-billion in an all-cash deal.

Altron Group expects to report a more than 40% improvement in headline earnings per share from continuing operations.

The electricity utility lost 10 generating units at the weekend but has said it is making good progress in restoring them to service.

The move by Altvest, which emulates US company MicroStrategy, will “fully comply with relevant financial regulations”.

Reunert has named a new group chief financial officer to replace long-serving CFO and executive director Nick Thomson.

Blue Label Telecoms has increased its economic interest in Cell C by another 10 percentage points.

Cell C is planning to launch 5G services in South Africa in the next couple of months as its financial turnaround gains traction.

Vodacom Group said on Wednesday that it hoping to accelerate its earnings growth over the next five years.