The three partners of Cash Paymaster Services were not assessed in a R10bn social grant tender process, the constitutional court heard on Tuesday. “Evidently, the state should not be in the business of awarding multibillion-rand tenders to persons who have no proven, or assessed
The constitutional court will hear arguments on Tuesday relating to the awarding of a social grant tender, which was found to be invalid by a lower court. The unsuccessful bidder, AllPay Consolidated Investment Holdings, argues the tender process was procedurally flawed and unfair, and violated
Telkom and its former subsidiary, Nigeria’s Multi-Links, have won a high court order setting aside arbitration proceedings with Blue Label Telecoms and paving the way for a bruising court battle in which Telkom is seeking $528m in damages from Blue Label. Telkom is
Tough action will be taken against employees found to have been responsible for last week’s power outages, Johannesburg electricity utility City Power said on Monday. “While we respect our employee’s right to withhold their labour following lawful processes, interfering or sabotaging the network
Roads agency Sanral was disappointed by Moody’s Investors Service’s decision to downgrade its credit rating, it said on Sunday. “Though it was not unexpected, it still does pain us,” spokesman Vusi Mona said. Moody’s downgraded Sanral’s long-term issuer ratings to Baa3
In a surprise development, Telkom’s MD of wholesale and networks, Bashier Sallie, is quitting the telecommunications group. Sallie was leading the modernisation of Telkom’s network, which involves a multibillion-rand project to improve fixed-line broadband speeds for consumers
The South African Revenue Service has introduced a new automated customs system that combines 26 previous systems and is intended to speed up the processing of goods at borders, cut back on corruption and make the country a more attractive gateway to Africa
MTN South Africa has recently experienced a surge in vandalism of transformers and the siphoning of diesel at its mobile base stations. The problem is being experienced in Gauteng and Mpumalanga, with the situation “rife” in Limpopo, the mobile operator said on Friday
Caxton’s online business news service Moneyweb is suing Fin24, the online business news service of Media24, for alleged copyright infringement, plagiarism and unlawful use of Moneyweb’s content, Beeld reported on Friday. Moneyweb, a rival of Media24
MultiChoice’s broad-based black economic empowerment companies, Phuthuma Nathi Investments 1 and 2, will receive ordinary and special dividends worth R900m, the Naspers-owned pay-television broadcaster said on Thursday. The companies will receive an ordinary dividends of R480m, compared
