Author: Duncan McLeod

Paul Edwards, a former CEO of MTN Group, has secured a series-A funding round for his new venture, a fintech start-up called VantagePay.

MultiChoice Group said on Monday that it expects headline earnings per share for the financial year to March 2022 to fall by as much as 25%.

Standard Bank’s head of IT engineering has “resigned with immediate effect” following a series of IT outages that have embarrassed the financial services giant.

Macrocomm has signed an agreement with Germany’s Bosch to build internet of things devices and sensors at Bosch’s manufacturing facility in Brits.

Wiocc, one of the original investors in the Eassy submarine cable system, is gearing up for rapid expansion in data centres across Africa.

Former MTN South Africa CEO Godfrey Motsa has been appointed as the “non-life” CEO at insurance group Telesure Investment Holdings.

In a surprise development, Werner Kapp has stepped down as CEO of Dimension Data. He is being replaced in the role by Alan Turnley-Jones.

MTN Group has appointed Tim Pennington, until recently chief financial officer of Millicom International Cellular, to its board of directors.

MTN South Africa has completed its sale of its passive tower portfolio to IHS Towers.

Government is proposing extending a cut in the general fuel levy until early August to help shield consumers from high fuel prices linked to the Russia-Ukraine conflict.