Author: Duncan McLeod

The decision by three top directors at Huge Group to resign from the board on Friday came as a “complete surprise and shock”, said CEO James Herbst.

Leading directors at Huge Group, including its chairman, Duarte da Silva, have resigned amid an apparent boardroom fracas.

Once Telkom has concluded its deliberations with Rain, it’s possible – likely even – that the company will be back at MTN’s door.

Following the collapse of discussions between MTN and Telkom, Rain said it remains engaged with Telkom about a possible deal.

MTN Group has walked away from talks to acquire Telkom, sending the partially state-owned operator’s shares crashing.

Shares in Telkom plummeted more than 10% on Friday after a report suggested talks with rival MTN Group about a takeover had stalled.

Showmax has confirmed that it plans to broadcast the 2022 Fifa World Cup to subscribers in 4K resolution. These are the details.

Datatec has announced it will pay a special dividend to shareholders of £135.1-million stemming from its sale of Analysys Mason.

FNB has unveiled a new corporate identity, consisting of a simplified version of its iconic tree logo, and rolled out a redesigned website and banking app.

A Safaricom-led investor group, which includes Vodacom, has launched mobile services in Ethiopia after securing an operating licence from the government.