Author: Duncan McLeod

Telkom grew its mobile base by just 10% year on year in the third quarter of its financial year to 16.4 million, a marked slowdown from the previous quarter, sending its shares tumbling.

A bribes-for-contracts scandal involving Neotel and Transnet should be referred to law enforcement for further action, the state capture commission has recommended.

MTN Group has raised gross proceeds R4.3-billion through the sale of shares in its Nigerian subsidiary that has seen its stake in reduced to 75.6%.

VodaPay and other financial services offerings are playing an increasingly important role in Vodacom Group’s growth story.

Six companies, including Telkom, have applied to participate in the disputed upcoming auction by Icasa of radio frequency spectrum.

The co-founders Skype and Flutterwave are among the big names backing a new tech growth fund aimed at investing in African “impact start-ups”.

MTN Group’s biggest operation has turned in a particularly strong set of financial results for the year ended 31 December 2021.

JSE-listed technology services group EOH Holdings is considering various options to reduce the debt burden on its balance sheet.

IHS has appointed Sandile Msimango as CEO of its South African operation after its recent R6.4-billion towers deal with MTN Group.

President Cyril Ramaphosa’s advisory council has told him he should consider designating the provision of fibre infrastructure as a municipal service.