Author: Staff Reporter

African Rainbow Capital, the black-owned investment company chaired by billionaire Patrice Motsepe, has acquired a 20% stake in 4G/LTE operator Rain (formerly Wireless Business Solutions). The value of the deal

MTN said on Thursday that it expects to have swung back into a profitable position in the first six months, with headline earnings per share of between R2.10 and R2.30, compared to a headline loss a year ago

Telkom said on Wednesday that it has won a “landmark” case, with costs, against rival Vodacom at the high court in the Western Cape over the latter’s use of the former’s ducts in a residential estate. In a statement

After more than 18 months of negotiation, Blue Label is finally poised to buy a 45% stake in Cell C for R5.5bn, a deal that is set to transform both companies. Blue Label shareholders approved

Like other mobile operators, Cell C is getting serious about digital business. The company said on Wednesday that it has appointed Nihmal Marrie as chief digital officer to “steer” its “digital transformation” and

German software company Software AG has started an “internal review” following the publication of an article on Tuesday that said it appeared it had entered into a “kickback agreement” with Gupta-controlled Global

First it was SAP. Now another German software multinational, Software AG, has been drawn into an alleged kickbacks scandal involving the Guptas. According to a report published on News24 and the Daily Maverick on

Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before

Government may be forced to sell part of its stake in Telkom to fund South African Airways, it was reported on Friday. News24 reported finance minister Malusi Gigaba as saying saying that government

Following the “precautionary” suspension last week for SAP Africa’s top four executives over allegations that the German company’s South African office paid kickbacks to a Gupta-owned firm to secure business