In a victory for Absa and its subsidiary AllPay Consolidated Investment Holdings, the constitutional court has declared “constitutionally invalid” the awarding of a R10bn tender to Cash Paymaster Services (CPS), a subsidiary of the Johannesburg- and New York-listed Net1 UEPS Technologies
Author: Duncan McLeod
MTN will “vigorously defend” itself against the latest lawsuit brought by rival Turkcell in the high court in Johannesburg, the JSE-listed mobile telecommunications group said on Thursday. MTN said the latest suit from Turkcell, which operates the largest mobile
Cell C is set to help launch the first mobile virtual network enabler in South Africa, creating a platform that will allow mobile virtual network operators – Virgin Mobile is an example of an MVNO – to offer mobile products and services. Cell C will launch
Unless Telkom immediately implements a “significant reduction” in wholesale Internet Protocol Connect (IPC) charges, Internet service provider MWeb, a subsidiary of pay-television operator MultiChoice, will take the fixed-line operator to the Competition Commission
Cell C CEO Alan Knott-Craig is making a strong recovery after suffering a stroke, the mobile operator’s acting CEO, Jose Dos Santos, said on Thursday. Last Monday, Knott-Craig suffered what Cell C is describing as a “minor stroke”. He has suffered a number
A showdown between Telkom and its regulator, the Independent Communications Authority of South Africa (Icasa), may be on the cards over local-loop unbundling (LLU), with newly appointed Icasa CEO Pakamile Pongwana warning that unbundling may be necessary to promote
Convergence Partners, the investment management firm controlled by Dimension Data Middle East and Africa chairman Andile Ngcaba, has raised US$145m (about R1,5bn) in the “first close” of a new sub-Saharan Africa-focused communications infrastructure fund
Vodacom is upping its interest in its Tanzanian operation by 17,2% at a cost of R2,5bn, the telecommunications group said on Tuesday. The JSE-listed mobile operator has entered into an agreement with Cavalry Holdings and its shareholders in terms of which it will subscribe for new shares in Cavalry
A focus on developing classifieds websites and building digital terrestrial television networks in Africa will lead to a big increase in development spending by Naspers in the second half of its current financial year, the media and Internet group said on Tuesday
The decision five years ago to sell Telkom’s 50% stake in Vodacom is “recognised as one of the company’s biggest mistakes”, says chief strategy officer Miriam Altman. But Telkom can’t afford to dwell on the past and needs to focus on building its core fixed-line business and finding a solution to










