Less than a month after announcing that former MTN South Africa CEO Zunaid Bulbulia would join its board of directors in a nonexecutive capacity, Huge Group has said that well-known investment
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Blue Label Telecoms, the JSE-listed company in talks to buy a 35% stake in mobile operator Cell C for R4bn, has turned in a strong set of results for the six months to 30 November 2015. Headline earnings rose by 25% to R355m on the back of a
The newly appointed CEO of the South African Post Office has promised serious financial controls after years of instability at the struggling parastatal. Former banker Mark Barnes, who became Post Office CEO last month, told parliament’s
The South African Post Office came in for a grilling from parliament’s committee on telecommunications & postal services on Tuesday. The auditor-general’s report into the
The Post Office’s acquisition of a R161m, 10-year lease in 2010 for an office building in Centurion, Gauteng was “tainted by procurement irregularities and corruption”. This is according
MPs on Tuesday emphasised the need for more public participation in the Films and Publications Amendment Bill. The communications department and Film and Publication Board
Hot on the heels of its announcement that, with MTN, it will invest US$40m (about R650m) in African-focused online travel agency Travelstart, UK technology investor Amadeus Capital Partners has revealed another investment, this time in
Technology group EOH was trading higher shortly after the market opened in Johannesburg on Tuesday after notifying investors that both earnings per share and headline earnings per share will rise by between 20% and 30% for the six months
Finance minister Pravin Gordhan has been urged not to hike taxes and instead focus on cutting down on the size and cost of government, and privatise state-owned enterprises. Wayne Duvenage, who started Outa as a body to fight road
Technology firm Mustek has reported headline earnings from continuing operations of R54,6m for the six months to 31 December 2015, a slight decline from the R58,2m reported in the same period a year ago. This came on the back