Regulation is unlikely to hobble the R6,5bn sale of telecommunications business Neotel to connectivity provider Liquid Telecom, said representatives of the latter company. India’s Tata Communications, which owns a controlling
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Private equity fund managers raised R29bn in 2015, up significantly from the previous year’s R11,8bn. According to the Savca 2016 Private Equity Industry Survey, this is the highest number on record and includes funds raised for
Nearly 50% of start-ups say they created a business out of an idea that came to them from the environment in which they live, while 85% of all start-ups are self-funded. These are two findings of South Africa’s largest start-up survey
Vodacom parent Vodafone, weighing the impact of the UK vote to quit the European Union, said it’ll consider moving its headquarters elsewhere unless the country negotiates continued access to the European Union’s single
Offline shopping is South Africa is set to receive a boost with a new application designed to drive shoppers to local stores. Unlike the concept of a traditional shopping application that focuses on e-commerce, MiBrand is designed
Nedbank Corporate and Investment Banking is buying a 25% stake in Comsol, joining shareholder Convergence Partners, as the company gets ready to spend hundreds of millions of rand building a fibre and wireless broadband network
MultiChoice South Africa Holdings chairman Nolo Letele has said it would “absolutely make sense” to list the pay-television broadcaster on the JSE, but the requirement of its broadcasting licence that 30% of its equity be in black
Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced
Econet Wireless Global affiliate Liquid Telecom agreed to pay R6,55bn for South African telecommunications operator Neotel, creating the continent’s largest broadband network and business-to-business phone
There is no revolt at the SABC, the public broadcaster’s board chairman Obert Maguvhe said on Tuesday. “The SABC is stable,” he told reporters at its Auckland Park head office, via video link from the SABC’s Polokwane studio. He said he was