Telkom CEO Sipho Maseko took home total pay in the 2017 financial year of R25.9m, up 78% from R14.5m a year earlier, the company’s annual report, published on Tuesday, shows. Maseko, who took the reins at Telkom
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First it was SAP. Now another German software multinational, Software AG, has been drawn into an alleged kickbacks scandal involving the Guptas. According to a report published on News24 and the Daily Maverick on
Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before
Eskom staff received a huge bonanza on 11 July when their performance bonuses were paid out, at an average of R88 883.35/employee. On the same night, the presentation of the utility’s annual financial
Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan
Government may be forced to sell part of its stake in Telkom to fund South African Airways, it was reported on Friday. News24 reported finance minister Malusi Gigaba as saying saying that government
The Black Sash Trust, a civil rights group, has asked South Africa’s supreme court of appeal to let it seek to overturn a high court ruling allowing Net1 UEPS Technologies to continue making deductions from
Following the “precautionary” suspension last week for SAP Africa’s top four executives over allegations that the German company’s South African office paid kickbacks to a Gupta-owned firm to secure business
Despite weak economic conditions, Vodacom has delivered an impressive financial performance in the first quarter of its 2018 financial year, with the good numbers underpinned by robust demand for data services
Qualcomm has built a sub-$20 4G/LTE “reference design” phone that it hopes third-party manufacturers will soon bring to the South African market. Apart from lowering the bar to access, the phone, once built by smartphone makers