Although black economic empowerment share deals are often complicated in their structure and are at times priced at hefty discounts and have limited liquidity, it appears that investors who have stuck it out in some schemes are
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The Black Management Forum has expressed its disappointment at the appointment of Rob Shuter as MTN’s new CEO. MTN on Monday announced to shareholders that its board has moved to appoint former Shuter
South African inflation slowed for a third consecutive month in May, giving the Reserve Bank room to continue the pause in its interest-rate increase cycle. The inflation rate fell to 6,1% from 6,2% a month earlier, Statistics South Africa said
Dimension Data’s Internet Solutions has launched a new on-demand portal that allows business customers to buy access to local and global cloud computing platforms. The “aggregated cloud services portal”, called SkyLight, provides access to
Former SABC CEO Solly Mokoetle has gone missing, communications minister Faith Muthambi said on Tuesday. Mokoetle disappeared on Friday. Muthambi had been in touch with his family in
Communications minister Faith Muthambi has lashed out at her cabinet colleague Blade Nzimande after the higher education minister and South African Communist Party leader said that she had gone against the ANC
Telkom has named Business Connexion CEO Isaac Mophatlane as the new CEO of the merged BCX and Telkom Business entities. The merger of the businesses follows Telkom’s acquisition of BCX last year in a R2,7bn all-cash
South African technology entrepreneur and venture capitalist Llew Claasen has been named as executive director of the Bitcoin Foundation, effective 1 July. Claasen, who is based in Cape Town, is managing partner
The Congress of the People has blasted the SABC for its coverage of the ongoing protests in Tshwane, Pretoria. “ANC cadres acted criminally and violently in Tshwane on Monday. It left those who experienced it traumatised and
Tencent Holdings, in which South Africa’s Naspers holds an approximately one-third stake, will lead a US$8,6bn acquisition of game maker Supercell, getting its hands on some of the industry’s most popular mobile titles through