Author: Loni Prinsloo

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

Nippon Telegraph & Telephone Corp is considering the sale of African operations it acquired with the takeover of Dimension Data Holdings and is open to approaches from interested buyers, according to three people familiar with the situation

Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m

Telkom said on Monday that full-year earnings and the dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units. Earnings per share excluding one-time items increased by

[dropcap]T[/dropcap]urkcell’s claim for US$4,2bn of damages against MTN Group will go to trial in the high court in Johannesburg, five years after the case was first brought in relation to the awarding of an Iranian licence in 2005. Turkcell alleges

Naspers is considering the sale of its pay-television business in Africa as sluggish economic expansion in key markets stifles growth and viewers switch to cheaper online alternatives, according to two people familiar with the matter

MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely