Author: Duncan McLeod

Telkom on Monday warned investors that its interim headline earnings per share will slump by as much as 55%.

Checkers has opened its first “dark store” to serve on-demand delivery as online grocery shopping continues to enjoy “notably strong growth”.

EOH Holdings will pay R177-million as final settlement related to a corrupt legacy contract it entered into with the department of water & sanitation.

EOH has announced details of its plan to go to shareholders for cash to resolve its legacy debt issues, sending its share price sliding to a multi-year low.

MultiChoice has defended its spending splurge ahead of the 2022 Fifa World Cup that have hit its trading profit margin.

Despite an improved operational performance, MultiChoice has warned its interim trading profit will be hit by an increase in decoder subsidies.

Teraco has announced it has begun work on a 30MW expansion to its already sprawling campus in Isando.

Raru, the online shopping site started by the founders of what later became Takealot, appears to have failed, eight years after its founding.

MTN Group’s latest quarterly results show that its South African operation has taken market share from rivals, it said on Friday.

China’s TCL Technology, a direct competitor to Hisense Group, is eyeing a bigger slice of the South African smartphone market.