Author: Duncan McLeod

Bob van Dijk is stepping down as CEO of both Naspers and its European-listed spinoff Prosus with immediate effect.

Rain shareholder African Rainbow Capital Investments has valued the wireless broadband upstart at R22.2-billion.

Blue Label Telecoms, which is seeking control of Cell C, plans to bring in a new strategic investor into the mobile operator.

Wetility, which helps homeowners go partially or fully off-grid with solar solutions, has raised R930-million in new funding.

Vodacom Group plans to offer access to Project Kuiper, the Amazon.com-owned low-Earth-orbit satellite network.

Vodacom and MTN are in a fight to deliver the best mobile network experience in South Africa, OpenSignal said.

Blue Label Telecoms has agreed to acquire control of Cell C, taking its shareholding beyond 50%.

Newly appointed Cell C CEO Jorge Mendes has no intention of starting a price war with his bigger rivals in telecoms.

New Cell C CEO Jorges Mendes has called on Icasa to continue to skew call rates in the company’s favour.

Blue Label Telecoms has cautioned shareholders that Cell C will be a drag on its full-year earnings.