The price of DStv’s most popular bouquets will rise by between 8% and 10% on 1 April 2016, with parent MultiChoice blaming the sharp devaluation in the value of the rand over the past 12 months
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India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications
The deal is off! Vodacom will no longer acquire Neotel. “Vodacom announces that its proposed acquisition of the majority of Neotel’s assets related to its fixed-line business has lapsed due to regulatory complexities and certain conditions not being
The risk of load shedding could increase as a result of energy regulator Nersa’s decision to only give Eskom half of its required tariff increase on Tuesday. Eskom CEO Brian Molefe said the decision to only approve a 9,4% electricity price increase
Naspers-owned streaming service ShowMax has finally debuted a feature many subscribers and prospective customers have been asking for: Apple AirPlay support for iPhones and iPads
National energy regulator Nersa has given two main reasons for granting Eskom a 9,4% tariff increase for the 2016/2017 financial year. The hike will kick on 1 April. In terms of sales, Eskom applied for
Trade union federation Cosatu has slammed Telkom’s plans to cut 300 jobs and outsource another 254 staff. On Friday, Telkom confirmed that a section 189 process – which deals
Energy regulator Nersa approved a 9,4% electricity hike for 2016/2017 on Tuesday. Eskom submitted an application to Nersa in November last year to recover R22,8bn, which the utility said it used to avert load shedding. The decision comes after extensive
The MD of channels at e.tv, Monde Twala, is leaving the free-to-air commercial broadcaster in the latest of a string of high-level executive changes. Twala is expected to exit the company in April. Just over a week
Sphere Holdings has acquired an additional 14,2% stake in independent software development house BBD for an undisclosed sum.
The all-cash deal sees Sphere’s ownership in BBD increase to 49,9%, with the charity Student Sponsorship Programme