Options could include merging the business with other operators or selling a stake in the company.
Browsing: News
All the latest technology news from South Africa and around the world.
Digital insurance start-up Naked Insurance has raised $17-million in a series-B funding round led by development finance institutions.
The City of Cape Town’s decision to pay businesses and residents for excess power is a glimpse into South Africa’s energy future.
MTN Group will invest the equivalent of R18-billion in Ghana over the next five years after the government exempted its Ghanaian unit from tax claims.
Telkom is again about to go through a painful retrenchments programme as it fights to contain costs in a tough macroeconomic environment.
Telkom could start the sale of a minority stake in its core fibre business by March as part of a slew of measures it announced to unlock value.
Telkom plans to raise R1-billion by the end of its financial year through the sale to external financial institutions of “qualifying receivables” related to upfront device sales.
MultiChoice Group plans to offer the Rugby World Cup to subscribers in up to 4K resolution following its successful broadcast and streaming of the soccer World Cup in 4K.
MultiChoice Group will again hike prices at below the rate of consumer inflation for its satellite subscription services this year, while keeping the price of its streaming packages unchanged.
EOH Holdings CEO Stephen van Coller has described the successful conclusion of the IT services group’s rights issue as a “watershed moment” that closes a “long and difficult chapter”.