Author: Duncan McLeod

Growth in operating profit from continuing operations, coupled with additional proceeds from the sale of Nashua Mobile subscribers and interest earned on the full proceeds, have underpinned Reunert’s results in the six months ended March 2015

A second attempt by Vodacom to launch the M-Pesa mobile payments platform in South Africa has flopped. On Monday, the mobile operator conceded that since it relaunched M-Pesa in the

Vodacom raised prices on 1 May in order to be in a position to reduce them in future, its CEO, Shameel Joosub, said on Monday. Speaking to journalists, analysts and investors at the

Vodacom CEO Shameel Joosub said the telecommunications operator’s proposed R7bn acquisition of Neotel should have no conditions attached to it as it is “stepping up to the plate” to be South

First National Bank was offline on Monday morning, frustrating consumers who took to social media networks, including Twitter, to vent their frustration. An FNB spokesman has confirmed the downtime and has said the bank will issue a holding

Vodacom has reported a 4% decline in full-year headline earnings per share as the mobile group faced big cuts in wholesale inter-network call rates, exchange range volatility and increased retail price competition in its key markets. Net profit declined

It’s been 50 years since Bill Venter, then a 33-year-old telecommunications engineer, founded Allied Electric, the company that would go on to become the Altron group. Alongside publication of its results for the year ended February 2015, Altron

It’s a case of second time lucky for Telkom and Business Connexion (BCX). The Competition Commission announced on Thursday that it has recommended to the Competition Tribunal that the

The Gauteng department of education has rubbished reports that suggest the provincial government’s plan to distribute tablets into classrooms to improve education has come to an end with the recall of up to 88 000 tablets. Reports published

Cell C has declared war on Vodacom and MTN, taking direct aim at its bigger rivals with an offer to buy out their post-paid subscribers from their contracts up to the value of R10 000. The operator