Vodacom Group shares fell the most in more than a month after Africa’s biggest wireless operator by market value reduced its first-half dividend amid weaker economic conditions in some of its key markets. The stock slumped as
Browsing: News
All the latest technology news from South Africa and around the world.
Telkom executives have met with government officials to discuss plans to sell a 39% state-owned stake and were told that potential buyers have been identified. “They have communicated that they have
The number of fixed-line broadband subscribers on Telkom’s infrastructure has dipped back below a million, falling 1.9% year on year to end-September 2017, as competitive pressure in the
Johannesburg- and New York-listed Net1 UEPS Technologies, the company that owns Cash Paymaster Services, the business that pays social grants on behalf of the South African government
MultiChoice has denied it signed a revision to an agreement with formerly Gupta-owned 24-hour news channel ANN7, in terms of which it would pay the channel R150m/year. But the news that it has been paying the channel at
South African consumers are about to get their first taste of Chinese phone maker OnePlus’s line of smartphones. The company will launch its flagship OnePlus 5 device in South Africa next week. Distribution for the
MTN is facing another potential multibillion-rand headache, just days after being cleared by Nigerian politicians over allegations of illegal repatriation of $14bn. The problem this time is Benin, where the regulator claims MTN
Telkom CEO Sipho Maseko said on Thursday that the newly appointed CEO of Gyro Group, the operator’s property management business, Lesiba Maloba, has been tasked with “ruthless execution” in commercialising
Liquid Telecom, which acquired Neotel earlier this year in a R6.5bn deal, has announced it plans to upgrade its fibre routes in South Africa using the latest 100G technology. The company said at AfricaCom in Cape Town
Despite the intervention of national treasury in an impasse between the South African Social Security Agency and the Post Office, a credible deal between both parties for the payment of social grants is yet to be