Author Loni Prinsloo

Loni Prinsloo is deals reporter at Bloomberg, based in Johannesburg.

Energy

Eskom is said to mull asset sales

Eskom is said to be considering the sale of smaller assets as the state-owned power utility weighs solutions to a liquidity crisis that contributed to a wave of rolling blackouts.

News

Liquid Telecom in R2.6-billion funding boost

Liquid Telecom received a $180-million cash injection from UK development finance institution CDC Group as Africa’s largest fibre network operator expands broadband infrastructure across the continent.

News

Telkom said to be mulling second bid for Cell C

Telkom is considering making an offer to buy a majority stake in Cell C that would lead to a combination of South Africa’s third- and fourth-largest mobile phone companies, according to people familiar with the matter.

News

Vodacom shuts some stores after violent incidents

Vodacom is keeping some of its South African franchise stores shut after members of opposition party Economic Freedom Fighters allegedly vandalised outlets in protest of an image of their leaders at an event hosted by the wireless carrier.

News

Herman Singh said to be leaving MTN

The group’s chief innovation officer, Herman Singh, is expected to leave to start his own tech venture, sources said, following chief technology officer Babak Fouladi out the door.

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