Eskom CFO Anoj Singh on Wednesday promised to submit what he called a “tell-all” report about two trips he allegedly undertook to Dubai that were allegedly paid for by the controversial Gupta family. Journalists
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The Reserve Bank cut borrowing costs for the first time in five years as inflation eased to a 19-month low and the economy suffers through the second recession in almost a decade. The Monetary Policy Committee
Telkom’s Openserve has announced sweeping price cuts to its wholesale broadband IP Connect pricing and to its fibre access portfolio as competition in South Africa’s fixed broadband market intensifies. The price cuts come on top of
[South Africa’s inflation rate fell to its lowest in 19 months in June, creating room for the central bank to shift toward looser monetary policy. Inflation slowed to 5.1% from 5.4% in May, Pretoria-based Statistics
Despite offering data plans that, on face value, are significantly cheaper than its rivals, consumers are not flocking to Telkom’s network, according to new report by Research ICT Africa. The price of 1GB of data in South
Internet penetration has reached 75% of the population in the Western Cape and 54.7% in Gauteng, but other, more rural provinces have fallen far behind, new research from World Wide Worx shows. The company’s Internet Access in
Vodacom Group sees the expansion of mobile banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35% stake in Safaricom, Kenya’s biggest company
EOH’s share price tumbled more than 12% at one point on Tuesday as investors took fright at the resurfacing of corruption allegations involving a contract with welfare agency Sassa. The share regained some composure in the early afternoon
Oracle is hiring a thousand employees in Europe, the Middle East and Africa as it expands its cloud computing services in the region. The company is looking for workers with between two to six years
Vumatel, one of the earliest and now largest players in the South African fibre-to-the-home broadband market, has agreed to buy a big portion of Link Africa’s home fibre infrastructure. In a letter to customers