Author: Duncan McLeod

MultiChoice Group has reported a decline in subscribers, while its income statement has been stained in red ink.

Telkom shares jumped 8% early on Wednesday after the group surprised with an upbeat earnings forecast.

Technology group Altron will merge three of its IT businesses next year as it moves to simplify its operating model.

CSquared has raised $25-million in new funding from investors including a fund managed by Convergence Partners.

Vodacom plans to phase out its “My Vodacom” smartphone app in favour of its VodaPay “super app” in the coming months.

Retail group TFG’s online sales now make up almost 10% of its turnover, more than double the market average.

MultiChoice will report a loss of about R3.10/share for the six months to end-September, dragged down by forex losses.

Fitbit is withdrawing from the market in line with parent Google’s decision not to sell consumer devices here.

Ford has invested R5.2-billion to build a plug-in hybrid version of its popular Ranger bakkie in Pretoria.

MTN South Africa’s margins remain under pressure as the company invests in making its network resilient against load shedding.