MTN’s attributable and basic headline earnings per share for the six months ended 30 June 2015 will fall by between 10% and 15%, the telecommunications group warned shareholders on Tuesday. Although
Author: Duncan McLeod
In a positive development for Cell C, ratings agency Standard & Poor’s (S&P) has removed the mobile operator from its watch list for a possible downgrade. This comes, S&P said in a note, after Cell C
Convergence Partners, the investment management firm established in 2006 by businessman Andile Ngcaba, has announced the successful final close of its Convergence Partners Communications
Telkom will open its telecommunications exchanges to Internet service providers using an open-access model in an effort to stimulate demand for fixed-line broadband in South Africa. “To further stimulate access to broadband, we will make making around
Former Telkom chief financial officer Jacques Schindehütte was paid R18,8m in the company’s 2015 financial year, despite leaving its employ last August, just five months into 2015 reporting period. In the year ended 31 March 2015, during which time
Fast-growing online lodging service Airbnb has outlined plans to expand its presence in South Africa. The company’s CEO, Brian Chesky, who was in Johannesburg on Monday, said South Africa is
Just when everyone thought the price war among Internet service providers had petered out, MWeb, one of South Africa’s largest service providers, has chopped the price of five of its capped broadband ADSL products and nine of its fibre-to-the-home
Vodacom chief financial officer Ivan Dittrich has resigned, three years after leaving technology group Datatec to take on the role. He will leave the mobile telecommunications group at the end of July and will be succeeded by Till Streichert from 1 August. Streichert
Radically improving MTN’s customer service, aggressively growing the company’s top line – in part by taking market share from bigger rival Vodacom – expanding into business services, and building
Despite union objections, Telkom has announced it is extending voluntary severance and early retirement packages to all employees, including those that belong to trade unions. The decision to offer packages to all staff, included unionised











