South Africa is ready to start a probe into contracts of state-owned power utility Eskom, which provided false information about dealings with Trillian Capital Partners and McKinsey & Co, public enterprises minister Lynne Brown
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Telecommunications & postal services minister Siyabonga Cwele will present the results of an investigation into spectrum, conducted by the CSIR, to cabinet before it is made available to the public, he said on Wednesday. Speaking
Under pressure from consumers, lobby groups and politicians, Vodacom has finally moved to begin addressing high out-of-bundle data charges, announcing on Tuesday that it will reduce the rates by as much as 50%. Vodacom
Libryo, a Cape Town- and London-based legal-tech start-up, has secured US$1m in seed funding, and has plans to expand its business and product into new global markets. Libryo, which was co-founded in 2016
Altron subsidiary Bytes UK has agreed to buy 100% of Blenheim, the holding company of British value-added reseller Phoenix Software, for £35.9m, or about R650m. The deal will be funded through a combination
TymeDigital by Commonwealth Bank SA has become the first new bank to receive an operating licence from the South African Reserve Bank since 1999. The bank, set to become a full service digital bank, currently
Internet service provider Webafrica is splitting into two businesses, one focused on providing Internet access and the other providing hosting services. In a post on Webafrica’s website, CEO Tim Wyatt-Gunning said the company’s
Naspers is spending €660m, or about R10.6bn, increasing its stake in one of Europe’s fastest-growing online food order and delivery businesses, Delivery Hero. For the money, Naspers is buying an additional 13% of the
Business Leadership South Africa (BLSA) has suspended the membership of both Eskom and Transnet with immediate effect, citing the state-owned enterprises’ connection with “extensive allegations of corrupt behaviour over
Dark Fibre Africa, the fibre telecommunications company in which JSE-listed Remgro holds a 50.9% stake, is in talks to buy fibre-to-the-home broadband infrastructure provider Vumatel, according to