Author: Staff Reporter

Perhaps unsurprisingly, South Africans – forced to stay at home during a 21-day national lockdown aimed at fighting the spread of Covid019 – are turning to video-on-demand services in droves.

Moody’s Investors Service has cut Telkom’s credit rating to “junk”, or “speculative grade”, and affirmed a negative outlook, the telecommunications operator told shareholders on Monday.

Cell C has appointed Simo Mkhize as chief commercial officer with immediate effect. Mkhize has 23 years of experience in the telecommunications industry, which includes five years at Cell C previously.

The ZA Central Registry has suspended deletions of .za domains it administers due to the Covid-19 lockdown in South Africa.

MultiChoice Group has added to the number of free channels available on its DStv Now streaming service. The channels are available to both DStv and non-DStv subscribers.

Vodacom recently agreed with the Competition Commission to slash the cost of prepaid data on its network, including charging a maximum of R99 for 1GB of data. It has now provided details of the new prices.

Vodacom and Discovery have struck a partnership to offer free virtual doctor consultations to South Africans concerned that they may have contracted Covid-19.

Cape Town mobile marketing platform provider Mobiz has raised US$1-million (about R18-million) in a funding round from Kalon Venture Partners.

Fibre network operators Vumatel and SA Digital Villages will in future operate as a single entity following the transfer of the SADV wholesale fibre assets to Vumatel.

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