On the face of it, the Covid-19 lockdown was an inadvertent blessing for South Africa’s telecommunications operators.
Author: Larry Claasen
Rob Shuter’s announcement that he will not seek to extend his contract as MTN Group CEO a year before it ends will allow the board enough time to pick a suitable candidate.
Takealot expects Black Friday sales to rise by about 80% to R352-million this year. The online retail group sees the last Friday of November as a key driver and measure of its growth in South Africa.
African telecommunications authorities must walk a fine line when it comes to regulating the move of mobile operators into financial services.
When it comes to data, MTN has a problem. While it is selling more of it, it is also under pressure to slash the cost of providing access to the Internet. A solution may lay in financial services.
Just a few years back it was one of the hottest sectors on the JSE, with large companies like EOH, BCX and Altron being staples in many portfolios. No more.
Naspers’s R2.4-billion takeover of Turkish online payment firm Iyzico consolidates its presences in one of the most dynamic e-commerce markets in the developing world.
Global technology groups Microsoft, Google and Facebook strongly rebuffed arguments put forward by mobile operators on Tuesday that they do not pay taxes, did not provide their own infrastructure
South African mobile operators MTN, Cell C and Vodacom are split on whether to regulate over-the-top services. Cell C wants no regulation, Vodacom would like to see some policing
The double blow of a maturing voice market and a sluggish local economy has not made life easy for South Africa’s telecommunications companies. Vodacom’s revenue was up by only 2,1% to R77,3bn