The Democratic Alliance has called on communications minister Faith Muthambi to “come clean” on R1,2bn worth of digital television set-top box contracts placed by government as part of its plan to
Author: Editor
MTN has dominated headlines for all the wrong reasons since news of the Nigerian fine hit the headlines last Monday. The company’s share price fell by more than 22% in the week that followed. There has been a lot of criticism directed at management for this mess as it appears to have
Naspers has sold African online price comparison service PriceCheck to Silvertree Internet Holdings and the company’s original founder, Kevin Tucker. The value of the deal has not been disclosed
There is an urgent need to build more nuclear power plants in South Africa, Eskom CEO Brian Molefe said on Wednesday. “We do not think it is possible to have an energy mix without nuclear
The US$5,2bn fine levied against MTN in Nigeria for allegedly failing to disconnect 5,1m Sim cards in time for a regulatory deadline may result in a parliamentary probe in South Africa into whether
The parliamentary portfolio committee on communications has expressed its concern at the budgetary management of the Independent Communications Authority of South Africa (Icasa). “In regard to Icasa, the committee noted with concern its
MTN shares were under renewed pressure on Monday morning amid a report out of Nigeria that the JSE-listed telecommunications group has agreed to pay a US$5,2bn fine imposed by the Nigerian Communications
Cell C shareholder Oger Telecom has rejected a R14bn offer from Telkom to acquire its 75% controlling stake in South Africa’s third mobile telecommunications provider, Bloomberg reported on Thursday. Quoting a “person familiar
Telecommunications group MTN will review its senior management team in Nigeria after a regulator there imposed a record-setting US$5,2bn (R71bn) fine on the subsidiary company for allegedly failing to deactivate as many as 5,1m Sim cards before a deadline to do so
Telkom’s open-access wholesale infrastructure company, Openserve, has announced plans to deploy fibre-optic broadband infrastructure to 10 000 homes in Pretoria East. Surburbs such as Faerie Glen and Garsfontein will have access to fibre