Browsing: News

President Jacob Zuma has ordered finance minister Pravin Gordhan to abort a week-long roadshow meeting with investors and rating companies in London and the US, heightening concern that he’s preparing a cabinet

Naspers-owned ShowMax and mobile operator Vodacom have partnered to offer “free” data for watching shows on the video-on-demand platform. Effective immediately, ShowMax is offering three months of data, adding

Growth in the shipment of feature phones is outstripping smartphone shipment growth, according to new research. International Data Corp said on Monday that the continent’s smartphone market totalled 95,3m units in

Government’s direct and indirect stake in Telkom appears to have dropped to below 50% for the first time since it warehoused and then sold most of a stake to the Elephant Consortium and Wiphold in a 2005 black economic empowerment

Uber Technologies is suspending its self-driving car programme after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from

Capitec is to acquire a stake in a European online lending group, marking its first entry into international markets. The group is to purchase a 40% stake in digital finance company

Allan Gray, the second biggest shareholder in Net1 UEPS Technologies, said it will work with the company’s board after it highlighted concerns about its communication with its investors

The rally that made South Africa’s rand the world’s best performing currency this year might be nearing its end, according to Old Mutual Investment Group. The currency gained 10% against the dollar

Telkom has blamed R2,5m in damages caused by suspected vandals on downtime for customers in parts of Johannesburg. The company said on Thursday that customers on Johannesburg’s

The International Finance Corp, a member of the World Bank Group and Net1’s largest shareholder, promises to engage with the management of the company to “promote responsible business