Communications minister Solly Malatsi’s decision to withdraw the SABC Bill is causing major political ructions.
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Teraco has raised an R8-billion syndicated loan and announced it will build a 40MW “hyperscale” data centre in Johannesburg.
Technology investor Prosus hopes to list Indian digital payments and lending firm PayU next year.
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Prosus and Naspers have invested $1.3-billion building a 31% stake in Swiggy ahead of its listing on Wednesday.
A 2G/3G shutdown deadline should not be imposed by government, communications minister Solly Malatsi said.
The past 10 years have produced no new laws on the SABC and no new framework for the broadcasting industry.
MultiChoice has reported a 99% fall in half-year profit and described the operating environment as “extremely hostile”.
Operators have been urged not to ignore A2P messaging as a revenue source, especially in Africa.
The Foschini Group is mounting a challenge to global giants expanding aggressively into the local e-commerce market.