MultiChoice said on Wednesday that shareholders in its Phuthuma Nathi broad-based black economic empowerment vehicle Phuthuma Nathi will receive R1.3bn in ordinary dividends. This is after the dividend
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Telkom said government is considering various options regarding its 39% stake in the fixed-line operator as it seeks to raise cash to bail out the country’s unprofitable national airline. The state’s shares in the former
Telkom on Wednesday cautioned shareholders that a possible plan by government to offload some or all of its 39.3% stake in the telecommunications operator could hit its share price. “Shareholders
Telkom has lifted the lid on the LIT TVC 100 Android-powered media box it intends offering to customers. Last week, the telecommunications operator revealed that it intends offering zero-rated streaming
MTN and Vodacom have tied for first place in terms of mobile broadband coverage in South Africa, a comprehensive set of data points analysed by OpenSignal has shown. The report by the company, which specialises in
Mustek has reported a 5.7% increase in full-year headline earnings per share and an impressive 30.7% improvement in net cash generated from operations, though slow spending by government has put pressure
Dimension Data is offloading its Advanced Infrastructure (DDAI) business to black-owned ICT company Vulatel for an undisclosed sum. This is after management determined that DDAI is “not core
Adapt IT CEO Sbu Shabalala believes the JSE-listed software group is weathering South Africa’s tough economic conditions well and has said it will lift organic growth in the new financial year above the
Technology services group Adapt IT has hiked its dividend per share by 23% to 13.4c, from 10.9c a year ago, on the back of a rise in earnings. In the year ended 30 June, the JSE-listed group reported normalised headline
Icasa has listed a range of possible market interventions, particularly related to the acquisition and management of sports rights by broadcasters, as it moves to break MultiChoice’s dominance in South Africa’s pay-television