Nippon Telegraph & Telephone Corp has attracted competing interest from MTN Group and Vodacom Group for the African operations the former Japanese monopoly acquired with the takeover of Dimension Data
Author: Loni Prinsloo
Loni Prinsloo
Loni Prinsloo is deals reporter at Bloomberg, based in Johannesburg.
Fenix International, a San Francisco start-up making solar-power systems for people with no access to electricity grids, is expanding in Africa through a partnership with the continent’s largest wireless carrier
Cell C plans to raise as much as $464m (R6bn) from the sale of two bonds as part of the South African mobile phone company’s recapitalisation that will enable Blue Label Telecoms to buy a stake, according
Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan
Metered taxi drivers in South Africa are attacking those that operate cars and use Uber Technologies, and the ride-hailing service has called for a meeting with police minister Fikile Mbalula to help stop the violence
South Africa is considering a merger of state-owned technology companies Broadband Infraco and Sentech to help accelerate the roll-out of high-speed Internet to the population within three years, according to two people
Huawei said on Tuesday it will partner with British money transfer operator WorldRemit to let African expatriates send cash home to millions of users of the Chinese company’s mobile money service platform. The deal will
Moses Kgosana, who withdrew from taking the post as chairman of Alexander Forbes in the wake of allegations related to his tenure as CEO and senior partner at KPMG South Africa, said he offered to step aside from the
South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling state-owned carrier’s first permanent CEO since November 2015, according to three people familiar with
Naspers will approach investors in the US and the UK next week about a bond issue as Africa’s biggest company by market value continues its acquisition-hungry quest to expand its Internet businesses. The proceeds for the bond will shore