Telecommunications group MTN has confirmed that the Nigerian Communications Commission has imposed a fine on its Nigerian subsidiary of a massive US$5,2bn (about R71bn). The confirmation of an earlier report published by Technology Times in Nigeria
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The South African Post Office said it is hoping to prevent a “planned strike” in Johannesburg on Thursday. Approximately a thousand Post Office workers, who are members of the Communication Workers Union, are expected to march to offices of the Post
MTN’s share price was trading down by more than 5% at lunchtime on Monday after reports emerged from Nigeria that the telecommunications group is facing a fine of more 1,04 trillion naira
The South African Post Office says it paid all its staff 70% of their total salaries with the remaining 30% expected to be deposited by 31 October. The Post Office revealed last week that it originally planned to pay salaries in two batches: 50% on 25 October and the balance
Government should consider using the R2bn from selling its stake in Vodacom to fund universities’ funding shortfall, the Democratic Alliance said on Sunday. Another R1bn could be allocated from the skills levy surplus, or the R720m allocated to the international
Two South Africans top an impressive list of leaders that millennials around the world admire: former president Nelson Mandela at number one and Elon Musk at number three. A survey of over a thousand young people aged between 20 and 30 from around the globe
South African-headquartered media and Internet giant Naspers on Monday said it would sell its holdings in online retailer Netretail and price comparison site Heureka to the Czech-based investment firm Rockaway Capital for US$201m (about R2,7bn). The move
It’s no surprise that Internet and media group Naspers on Friday announced a US$1,2bn (R16bn) deal to become the largest shareholder in Avito, the leading online classifieds platform in Russia, Mof Terreblanche, a director of Stonehage Investment Partners, said on Friday
Local social network Mxit said on Friday that it is shutting down its commercial operations and donating all of its intellectual property and technology assets to independent public benefit organisation
Communications regulator Icasa has published a discussion document on “dynamic and opportunistic spectrum management”, a precursor to crafting regulations that will govern the use of television white-spaces spectrum in South Africa. TV white spaces