The precarious state of Eskom’s finances threatens to hinder the growth of the renewable energy sector in South Africa, just when it is needed most, Steve Sawyer, secretary general of the Global Wind Energy Council said at the opening of the Windaba in Cape Town on Wednesday
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Alan Knott-Craig will step down as CEO of the not-for-profit Wi-Fi company at the end of the year in order to focus his energies on his new business, HeroTel. Current Isizwe chief operating officer Zahir Khan will take the reins from Knott-Craig on 1 January
MTN said on Tuesday after markets closed that it will proceed with the listing of MTN Zakhele, the telecommunications group’s broad-based black economic empowerment scheme, as planned this
Africa’s biggest mobile network operator, MTN, has defended its relationship with regulators, in response to an analyst’s criticism of the company. World Wide Worx MD Arthur Goldstuck said that MTN “lacks respect for regulators” after the Nigerian
The Independent Communications Authority of South Africa (Icasa) has said MTN’s US$5,2bn fine shows the importance of complying with regulation. On Monday last week, MTN announced it has been fined $5,2bn by the Nigerian Communications
Telkom shareholders have taken a dim view of the telecommunications operator’s earnings update for the six months ended 30 September 2015, pushing its share price sharply lower on the JSE on Tuesday. The company earlier warned shareholders that it
Korean electronics giant Samsung is leaving its smartphone rivals in South Africa in its dust, according to market research. Samsung grew its local smartphone market share to 56,6%, well ahead of Vodacom’s smartphone brands at 7,6% and Huawei (6,9%), according to
In the first bit of good news for MTN after what has been a week from hell for the JSE-listed telecommunications group, the Nigerian Communications Commission (NCC) has approved the renewal and extension of its operating spectrum licences in two key spectrum bands
Telkom has warned shareholders that it expects its headline earnings per share for the six months ended 30 September 2015 to be as much as 85% lower than the same period a year ago, though when normalised, the figure could be as much as 15% higher. The discrepancy
Africa’s biggest mobile network, MTN, could have avoided a US$5,2bn fine in Nigeria, but regulators in that country have also been harsh on the company. This is according to Dobek Pater. who is a director and analyst at telecoms, IT and media research firm Africa