Author: Duncan McLeod

The stage-6 power cuts imposed by Eskom since the weekend are likely to lessen in intensity only by Thursday, CEO André de Ruyter said on Monday afternoon.

Blue Label Telecoms warned that its interim results for the six months to end-November 2022 will show up to a 99% plunge in headline earnings per share.

Communications minister Khumbudzo Ntshavheni said the cost to communicate in South Africa is “not decreasing at the pace that government wants”.

The SABC is Sentech’s biggest client. But that’s not stopping the state-owned signal distributor from formulating plans to compete with it.

Digital insurance start-up Naked Insurance has raised $17-million in a series-B funding round led by development finance institutions.

Telkom is again about to go through a painful retrenchments programme as it fights to contain costs in a tough macroeconomic environment.

Telkom plans to raise R1-billion by the end of its financial year through the sale to external financial institutions of “qualifying receivables” related to upfront device sales.

MultiChoice Group plans to offer the Rugby World Cup to subscribers in up to 4K resolution following its successful broadcast and streaming of the soccer World Cup in 4K.

MultiChoice Group will again hike prices at below the rate of consumer inflation for its satellite subscription services this year, while keeping the price of its streaming packages unchanged.

Groupe Canal+ has again increased its stake in MultiChoice, acquiring more than 30% of its, according to a regulatory filing.