Author: Duncan McLeod

David Hirsch, the former Incredible Connection executive director who last year launched a new retail venture, TechMarkit, has opened the company’s first store.

The recapitalisation of Cell C is taking longer than expected, and will now only be concluded “towards the end of August”.

EOH Holdings should be in a position to announce its capital-raising plans when it publishes it full-year results to 31 July 2022.

Ellies has unpacked in detail how shifting customer behaviour hurt its 2022 financial results and why it’s gearing up to pivot the business in a new direction.

Major companies, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.

Telkom has gone to court to have President Cyril Ramaphosa’s decision to order a probe into alleged malfeasance at the company declared unconstitutional and invalid.

Online sales nearly doubled in the retailer’s most reporting period compared to the same period last year as shoppers warm to buying their groceries on the Internet.

Telkom paid its former group CEO, Sipho Maseko, R20-million in retention bonuses in the past two years plus a R32-million restraint to prevent him being poached by competitors.

South Africans are increasingly choosing streaming over satellite TV, Ellies Holdings said on Friday, blaming this in large part for the group swinging to a full-year loss.

Vodacom Group reported a 5.2% year-on-year improvement in quarterly revenue on the back of a “resilient” performance in its home market.