The appetite for investing in alternative power solutions showed decline in the second quarter.
Author: Nqobile Dludla
Telkom posted a full-year profit of R1.9-billion and said it would consider resuming dividends from 2025.
Sanlam will buy a 60% stake in MultiChoice South Africa’s insurance business for an upfront cash amount of R1.2-billion.
Liquid Intelligent Technologies will offer OneWeb low-Earth-orbit satellite services in Africa.
MTN Group reported an 18.8% decline in its first-quarter service revenue, weighed down by MTN Nigeria.
Vodacom Group on Monday reported a 10.8% fall in full-year earnings, impacted by start-up losses in Ethiopia.
VALR has secured a licence in Poland and is eyeing other jurisdictions in the hopes of taking on some of world’s crypto giants.
South Africa’s Zando hopes to tackle fast-fashion Chinese e-commerce retailers Shein and Temu in its home market.
Africa’s biggest telecommunications operator on Monday reported a 72.3% tumble in full-year profit.
It’s the first reporting period from Shoprite to include Sixty60’s new Amazon Prime-style subscription service.