Author: Staff Reporter

Former Telkom chief commercial officer Brian Armstrong has been appointed to the board of JSE-listed telecommunications company Huge Group as an independent nonexecutive director. Huge Group said in

EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on

Datatec will return up to US$500m to shareholders in the form of a special dividend and/or share buybacks after the Johannesburg- and London-listed technology group completed the sale of its

Showmax’s operations in Africa will be merged with MultiChoice’s DStv Digital Media, according to a letter sent to staff by Imtiaz Patel, CEO of Naspers’s video entertainment unit. In the letter, which

After reports emerged in recent days that Vodacom Business chief officer Vuyani Jarana may not yet have signed an employment contract to take over as CEO of South African Airways, the mobile operator has made

MultiChoice said on Wednesday that shareholders in its Phuthuma Nathi broad-based black economic empowerment vehicle Phuthuma Nathi will receive R1.3bn in ordinary dividends. This is after the dividend

Telkom on Wednesday cautioned shareholders that a possible plan by government to offload some or all of its 39.3% stake in the telecommunications operator could hit its share price. “Shareholders

Telkom has lifted the lid on the LIT TVC 100 Android-powered media box it intends offering to customers. Last week, the telecommunications operator revealed that it intends offering zero-rated streaming

MTN and Vodacom have tied for first place in terms of mobile broadband coverage in South Africa, a comprehensive set of data points analysed by OpenSignal has shown. The report by the company, which specialises in

Mustek has reported a 5.7% increase in full-year headline earnings per share and an impressive 30.7% improvement in net cash generated from operations, though slow spending by government has put pressure