MultiChoice Group said strong subscriber growth and profit elsewhere in Africa offset poor market conditions in South Africa.
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Telkom has decided to hit pause on dividend pay-outs for longer than expected as it battles tough market conditions.
Telkom jumped as much as 12% after confirming it received a bid for a controlling stake from a consortium that includes its former CEO.
Eskom chairman Mpho Makwana said further gains can be expected from the utility’s generating fleet.
A new app aimed at twitchers features illustrations, photos, sounds, maps, seasonal statistics and helpful tips for almost a thousand bird species.
A possible bid by a consortium that includes former CEO Sipho Maseko to buy a stake in Telkom is still at an exploratory stage.
But the former telecommunications monopoly faces huge challenges if it hopes to remain a significant market player.
Icasa said it will soon publish a request for proposals to appoint a consultant to assist with its next broadband spectrum auction.
The presidency says South Africa is moving quickly from a centrally planned energy system to a decentralised, liberalised electricity market.
Difficulty in repatriating money from Nigeria, among other factors, will hurt MultiChoice Group’s full-year financial results.