Nedbank Corporate and Investment Banking is buying a 25% stake in Comsol, joining shareholder Convergence Partners, as the company gets ready to spend hundreds of millions of rand building a fibre and wireless broadband network
Author: Staff Reporter
Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced
Communications minister Faith Muthambi has described the timing of the resignation of acting SABC CEO Jimi Matthews as “suspect” and hit out at him for not raising his grievances with her office. In a statement issued on Tuesday
Veteran journalist and SABC acting CEO Jimi Matthews has quit, saying in his resignation letter that what is happening at the state-owned broadcaster is “wrong” and that he can “no longer be a part of it”. Matthews tweeted a copy
MTN has hit back at those who have criticised it for appointing a white group CEO in the form of outgoing Vodafone executive Rob Shuter. In a lengthy statement on Friday evening, MTN defended its record
Communications regulator Icasa has announced that it intends launching a probe into South Africa’s pay-television market after various attempts in recent years to introduce competition to dominant operator
An analysis by BrandsEye, a South African online reputation specialist that monitors conversations on social media to distil trends, has suggested the “Leave” campaign in Thursday’s British referendum could do better than
Subsea telecommunications cable operator Seacom has added more peering points in Europe and Africa. The company has added the Deutscher Commercial Internet Exchange (DE-CIX) in Marseille and France Internet Exchange (FranceIX) in Paris to the list of European
Telkom has named Business Connexion CEO Isaac Mophatlane as the new CEO of the merged BCX and Telkom Business entities. The merger of the businesses follows Telkom’s acquisition of BCX last year in a R2,7bn all-cash
South African technology entrepreneur and venture capitalist Llew Claasen has been named as executive director of the Bitcoin Foundation, effective 1 July. Claasen, who is based in Cape Town, is managing partner











