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Irregular spending at Eskom has swelled to R19.6-billion as South Africa’s state-owned power utility comes under pressure to restore its credibility and improve its finances.
Bob van Dijk is rolling in the riches. The CEO of Naspers received almost R1.5-billion in salary, bonuses and vested share options and appreciation rights, during the 2018 financial year, which ended on 31 March.
Internet Solutions has begun a retrenchment programme and may lay off as many as 200 staffers, TechCentral has learnt from two separate sources with knowledge of the developments.
MTN’s Stephen van Coller will join EOH as its new group CEO, effective from 1 September. He resigned as a vice president at MTN Group on Thursday after two years with the mobile telecommunications provider.
New research from credible network speed-testing services has put Vodacom ahead of rival MTN in terms of the speed available on their respective networks as the two battle it out over which has the fastest infrastructure.
Julius Malema’s Economic Freedom Fighters has threatened to “trash” Vodacom retail stores unless it pays Nkosana Makate, the man who was found by the courts have invented the popular “please call me” service, according to a report.
Stephen van Coller will leave MTN Group at the end of August. Vice president for digital services, data analytics and business development, he has resigned to take up a group CEO position at another JSE-listed company.
MTN Group’s sale of its Cyprus unit is just the start of a broader exit from small or problematic markets, with the Liberian unit leading a number of West African divisions being considered for disposal, according to sources.
South Africa may need far fewer government-subsidised set-top boxes for its digital terrestrial television migration project than originally planned, according to Aldred Dreyer, who heads the project management office.