Veteran journalist and SABC acting CEO Jimi Matthews has quit, saying in his resignation letter that what is happening at the state-owned broadcaster is “wrong” and that he can “no longer be a part of it”. Matthews tweeted a copy
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Four executives of four Gupta-owned companies ambushed finance minister Pravin Gordhan on PowerFM on Sunday night with questions focusing on the blacklisting of their bank accounts. In his response, Gordhan revealed for the
No empirical evidence was used to back up the SABC’s decision to ban coverage of violent protests, an Independent Communications Authority of South Africa public hearing was told on Friday. “Is there any evidence that would
Naspers is seeking to further boost its international Internet business as it grapples with falling pay-television subscription numbers in sub-Saharan Africa. The company, which usually spends half a billion dollars
Chinese Internet giant Tencent and e-commerce businesses have helped lift Naspers’s revenues by 6% to US$12,2bn for the financial year ended 31 March 2016. In its full-year results, Naspers reported on Friday that its
MTN has hit back at those who have criticised it for appointing a white group CEO in the form of outgoing Vodafone executive Rob Shuter. In a lengthy statement on Friday evening, MTN defended its record
Communications regulator Icasa has promised that its planned investigation into South Africa’s pay-television industry will be comprehensive and that it will work with the competition authorities during the
South Africa’s high court denied the National Prosecuting Authority permission to appeal a finding that it erred when it decided to drop a corruption case against President Jacob Zuma seven years
South Africa’s rand lived up to its reputation as a proxy for risk sentiment, plunging by the most since 2008 against the dollar and falling to a record against the yen as investors piled into haven assets after the UK voted to
The South African Reserve Bank said the way the country’s welfare grants are paid out may have resulted in Net1 UEPS Technologies having a conflict of interest as the company has the contract to make the payments and