Author: Duncan McLeod

MultiChoice Group will again hike prices at below the rate of consumer inflation for its satellite subscription services this year, while keeping the price of its streaming packages unchanged.

Groupe Canal+ has again increased its stake in MultiChoice, acquiring more than 30% of its, according to a regulatory filing.

Energy minister Gwede Mantashe might think South Africa’s load shedding crisis can be solved within 12 months. Pick n Pay is betting big money that he’s wrong.

Ellies Holdings has agreed to buy 100% of Bundu Power, a company that specialises in alternative power solutions, for a maximum R202.6-million.

Lulalend has secured R600-million in new funding through a series-B round it has described as “transformational” to its business.

Vodacom Group delivered a 4.7% increase in normalised revenue, to R30.7-billion, in the quarter ended 31 December 2022.

Convergence Partners, the technology-focused private equity firm chaired by Andile Ngcaba, has closed a new digital infrastructure fund at $296-million.

Icasa has come under fire for failing to provide new network and service licences to industry players.

Forza Motorsport, a top racing game on Xbox and PC published by Microsoft Game Studios, is getting a familiar racetrack – to South Africans, anyway.

Michael Jordaan, investor in wireless broadband upstart Rain, said on Tuesday that consolidation in South Africa’s telecoms market is inevitable.