After more than 18 months of negotiation, Blue Label is finally poised to buy a 45% stake in Cell C for R5.5bn, a deal that is set to transform both companies. Blue Label shareholders approved
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Like other mobile operators, Cell C is getting serious about digital business. The company said on Wednesday that it has appointed Nihmal Marrie as chief digital officer to “steer” its “digital transformation” and
Telkom has for the first time disclosed the number of subscribers on its FreeMe data-focused contract packages. In its annual report, published on Tuesday, the operator said that of its post-paid subscribers
Johannesburg finance MMC Rabelani Dagada has promised that the city’s notoriously problematic billing system will be fixed by March 2018. In a wide-ranging podcast interview with TechCentral on Tuesday
German software company Software AG has started an “internal review” following the publication of an article on Tuesday that said it appeared it had entered into a “kickback agreement” with Gupta-controlled Global
Telkom CEO Sipho Maseko took home total pay in the 2017 financial year of R25.9m, up 78% from R14.5m a year earlier, the company’s annual report, published on Tuesday, shows. Maseko, who took the reins at Telkom
First it was SAP. Now another German software multinational, Software AG, has been drawn into an alleged kickbacks scandal involving the Guptas. According to a report published on News24 and the Daily Maverick on
Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before
Eskom staff received a huge bonanza on 11 July when their performance bonuses were paid out, at an average of R88 883.35/employee. On the same night, the presentation of the utility’s annual financial
Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan