Telkom said first-half earnings rose 20% as South Africa’s biggest landline provider reported a maiden profit for its faster-growing mobile business. Earnings per share excluding one-time items were R3,36 in the six months
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Investors are betting on a South African rate increase as inflation expectations surge in the wake of a collapse in the rand. Forward-rate agreements starting in 12 months, used to speculate on policy moves, added 40 basis
Two trade unions want former SABC chief operating officer Hlaudi Motsoeneng to personally pay the legal costs they incurred in their fight to help eight SABC journalists who were unlawfully fired. He should take responsibility for the decision
Telkom’s traditional business of fixed lines is not looking healthy. The number of fixed access lines in service has plummeted by 7% in the past year, to less than 3,1m, the company disclosed in its interim financial
Vodacom will launch a new video-on-demand platform early in the new year called Vodacom On Demand, which will host content from a range of content providers. As part of the planned launch
Fast-growing privately held telecommunications company Dark Fibre Africa has announced it will deploy an “Internet of things” network in South Africa in partnership with France’s Sigfox
The Democratic Alliance has submitted an application in terms of the Promotion of Access to Information Act to obtain all documents from the Gauteng education department relating to smart board roll-outs and school nutrition tenders. “We have
South Africa’s rand slumped for a fourth day, falling to a 10-week low against the dollar as a global bond selloff intensified on speculation President-elect Donald Trump’s spending pledges will fuel inflation and
Vodacom Group, Africa’s biggest wireless operator by market value, reported a 4,1% increase in first-half sales as strong growth in its home market of South Africa offset falling customer numbers in some international
Samsung Electronics, the world’s biggest maker of smartphones, has agreed to buy Harman International Industries for about US$8bn in cash to expand in high-end car audio and connected automobiles. The offer values Harman shares