The Gupta family, through its business Oakbay Investments, has blasted finance minister Pravin Gordhan for his court application seeking a declaratory order that he cannot intervene in a decision by South Africa’s big
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Bharti Airtel, India’s largest mobile phone operator, is considering mergers or stake sales at some of its Africa operations as it looks to cut debt and make its biggest overseas acquisition profitable. The moves would pare the size of operations
MTN Group may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory dispute and awaits an economic recovery in the continent’s most populous country. “It’s a work in
The future of television just got a little clearer. An hour after America’s Comcast said its Esquire cable network will shut down, a sign of flagging interest in traditional pay TV, Netflix reported its biggest quarter ever, beating
Communications minister Faith Muthambi has ignored a Promotion of Access to Information Act request for access to a national treasury report into irregularities in the procurement of
Government, set to miss a deadline to appoint a new distributor of welfare grants worth about R140bn/year to more than 17m people, asked aspirant bidders to an information session as the end of a contract with Net1 UEPS
Naspers, Africa’s biggest company by market value, is seeking partnerships with mobile phone operators on the continent to boost its video-on-demand business and help compete with US giant Netflix. The owner of Africa’s biggest pay-TV provider
A total of 37 independent power producers, who are affected by Eskom’s delay in signing power purchase agreements with them, have obtained legal opinion from respected senior advocate
Parliament may ask the new SABC board, once it has been appointed, to conduct a forensic audit into a controversial channel supply agreement between the public broadcaster and commercial pay-television
African technology start-ups raised at least $129m in funding in 2016, with the number of companies securing funding rising by almost 17% over the previous year, according to new research. Disrupt Africa’s Tech Start-ups Funding Report