Author: Duncan McLeod

Telkom’s largest shareholder, government, voted against the appointment of a large number of directors to the company’s board at its AGM on Wednesday.

Google Wallet, with its integrated Google Pay service, has been officially launched in South Africa and five other markets around the world.

In separate but identical regulatory filings on Monday, MTN Group and Telkom said they remained locked in discussions about a potential combination.

Standard Bank Group’s total IT spending, including staff costs, topped R10-billion in the first six months of 2022.

The Naspers-controlled Internet investment firm has agreed to pay as much as €1.8-billion to acquire a further 33.3% stake in Brazil’s iFood.

Blue Label Telecoms expects to report an improvement of up to 38% in headline earnings per share for the year ended 31 May 2022.

The Prudential Authority has issued a “guidance note” to local banks saying they should provide banking facilities to crypto exchanges.

Icasa has begun the process of making more radio frequency spectrum available to operators wanting to provide broadband services.

MTN Group has announced it is appointing the outgoing CEO of Icasa as chief of staff in the office of group CEO Ralph Mupita.

Rain has withdrawn its press release of 11 August in which it announced a plan to approach Telkom’s board about a merger.