An unidentified suitor has made a bid to acquire 100% of JSE-listed telecommunications and payments specialist Blue Label Telecoms, sending the firm’s share price higher by nearly 10% in Wednesday morning trading on the JSE. “Shareholders are
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o agreement has been entered into with Russia for the construction of nuclear power plants, the energy department said on Wednesday. The document recently signed between South Africa and Russia was an inter-governmental agreement – one of six sought from Russia and five other countries
Telkom will launch an LTE Advanced (LTE-A) network, offering next-generation mobile broadband speeds to South African consumers, before the end of the year, the group’s chief operating officer, Brian Armstrong, has announced. Speaking at a consumer broadband
Cell C CEO Jose Dos Santos said on Tuesday that the mobile operator is likely to challenge communications regulator Icasa’s final call termination rates, published on Monday, though it has not disclosed on what legal basis
Technology group Gijima is facing a difficult and uncertain future after it warned on Tuesday that it had failed to comply with financial covenants related to borrowings of R213m and auditor KPMG warned of “the existence of a material uncertainty which may
State-owned telecommunications infrastructure company Broadband Infraco is one of three companies that have not tabled their integrated reports to parliament on time, public enterprises minister Lynne Brown’s office said on Tuesday. Brown informed the speaker that South African
A survey of road users revealed that 80% found the e-toll administration service “very poor”, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. “The gross majority of the respondents indicated that the
Meeting a court-imposed deadline with just a day to spare, Icasa has published its final call termination rates for the period from October 2014 to 30 September 2017 – and South Africa’s big operators are likely to be pleased with the outcome
The urgency and secrecy of the deal South Africa is looking to strike with Russia for the supply of up to eight nuclear power plants means “someone is up to no good”, Democratic Alliance leader Helen Zille said on Monday. That someone, she suggested in her
A new website operated by the Companies and Intellectual Property Commission (CIPC), launched a fortnight ago by trade and industry minister Rob Davies, is broken, the Democratic Alliance has said. DA MP and spokesman for trade and industry Geordin Hill-Lewis