Author: Duncan McLeod

Profitability decreased due to higher fuel surcharges, investments in new warehouses and discounted clearance of inventory, parent Naspers said.

Telkom’s chairman, Sello Moloko, has resigned and will leave the board by no later than 31 March 2023.

Energy expert Chris Yelland said the utility has told him that its emergency open-cycle gas turbines will remain silent until then.

The SABC will stream 28 of the games from the 2022 Fifa World Cup in Qatar on its new SABC+ streaming service.

Telkom has agreed to “hand over” its TelkomOne platform to the SABC, which will rename it SABC+.

Spar Group on-demand shopping platform, Spar2U, is nearing “critical mass” after expanding to 87 stores, it said.

Former Altron Group CEO Mteto Nyati has acquired a 40% stake in business technology consulting firm BSG and will become executive chairman.

Vodacom Group spent a record R5.8-billion on its network in South Africa in the past six months to fight load shedding and improve its network quality and performance.

Telkom on Monday warned investors that its interim headline earnings per share will slump by as much as 55%.

Checkers has opened its first “dark store” to serve on-demand delivery as online grocery shopping continues to enjoy “notably strong growth”.