Eskom utility is considering asking for extensions on some debt and staff layoffs as it grapples with its finances after years of burning through funds, according to people familiar with the matter. The company
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Long-distance South African fibre provider FibreCo Telecommunications plans to connect towns on its national backhaul routes, and will start with Kroonstad in the northern Free State, it said on
Listed software company Adapt IT has repurchased almost five million of its own shares – about 3.1% of its issued share capital – over the past six months, taking advantage of a depressed share price. The shares, which
GloCell has agreed to “cede” its Cell C contract customer base to the mobile operator. GloCell was appointed as service agent for Cell C customers that were migrated from Altech Autopage in 2016
TechCentral’s interview with newly appointed BCX CEO Jonas Bogoshi was the publication’s most popular podcast in June 2018, in what was another record month for downloads. The Bogoshi interview, recorded
South Africa’s Afro Voice newspaper will publish its last edition on Friday, less than a year after the Gupta family sold the publication’s publisher to an ally of former President Jacob Zuma, according to two people
And then there were none. At the dawn of 2018, three African phone tower companies had dreams of selling shares in London or New York. The most optimistic estimates pegged their potential combined valuation at
If trade unions accept Eskom’s latest wage offer, workers in the Eskom bargaining unit will receive above-inflation wage increases for the next three years. According to Solidarity deputy general secretary for energy
Jens Montanana, CEO of JSE-listed technology services group Datatec, bagged a cool $3.5-million (about R48.5-million at the time of writing) in the 2018 financial year for the successful sale of its Westcon
The first transatlantic broadband submarine cable in the southern hemisphere, the South Atlantic Cable System, will begin carrying its first commercial traffic within the next three months, providing a more