Author: Staff Reporter

The JSE is launching virtual annual general meetings in South Africa to allow investors to engage with shareholders during the Covid-19 pandemic.

The Independent Communications Authority of South Africa will extend the validity of existing radio frequency spectrum licences due to South Africa’s Covid-19 lockdown.

Eskom moved to reassure lenders and markets on Monday that it will continue to meet its financial commitments and obligations during and after South Africa’s Covid-19 lockdown.

Netflix will reduce the bandwidth it uses to serve customers in South Africa and the rest of Africa for the next 30 days in an effort to alleviate pressure on network infrastructure during the Covid-19 crisis.

Fuel prices will fall by a record in April, the Automobile Association of South Africa predicted on Friday, but few motorists and businesses with fleets will be able to take advantage.

The Competition Tribunal has confirmed as an order the Competition Commission’s consent agreement with Vodacom over data prices.

MultiChoice-owned video-on-demand provider Showmax has added seven live news channels to the platform to keep subscribers up to date during South Africa’s Covid-19 lockdown.

Ster-Kinekor, South Africa’s largest cinema chain, is closed with immediate effect. The company said it’s theatres will remain closed from Wednesday until further notice.

Vox-owned fibre-to-the-home operator Frogfoot has joined rival Vumatel in promising to double line speeds for consumers stuck at home due to the Covid-19 lockdown.

The Internet Service Providers’ Association has called on its members to raise bandwidth caps and take other measures to support their customers during the looming Covid-19 lockdown.