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
Author: Editor
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
Solidarity has called for renewed wage talks with telecommunications giant Telkom, the trade union said on Thursday. The request for another round of negotiations came after claims that Telkom gave its top management “exorbitant salary increases”, spokesman Marius Croucamp said in a statement. “Top management received
Soon the Nokia name will vanish from high-end devices. Nokia has sold the Lumia and Asha trademarks to Microsoft as part of their €5,4bn deal, announced on Tuesday, but Nokia’s name will vanish from smartphones. Curiously, Microsoft will continue
The South African government had over the past year submitted 14 requests to Facebook and three to Google to get information about certain users, Beeld reported. Facebook did not grant any of the requests, and Google granted one request, after receiving a court order in a case involving defamation
E.tv will launch four new free-to-air channels, the broadcaster announced on Tuesday. The channels will be made available through sister company Platco Digital’s new OpenView HD direct-to-home satellite platform, which will be launched in October. The new channels