MTN Group has appointed Tim Pennington, until recently chief financial officer of Millicom International Cellular, to its board of directors.
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Eskom has completed unit 4 at the Kusile power station, the long-delayed coal-fired power station, with the unit handed over to the company’s generation division on Tuesday.
MTN South Africa has completed its sale of its passive tower portfolio to IHS Towers.
The UK is considering guaranteeing at least $1-billion of South African debt as part of a deal designed to cut the nation’s reliance on coal.
Naspers, through its Naspers Foundry investment arm, is leading a R53-million series-A funding round in South African fintech start-up LifeCheq.
IoT.nxt, the specialist internet of things company owned by Vodacom Group, has appointed Vasin Govender as its new CEO.
Government is proposing extending a cut in the general fuel levy until early August to help shield consumers from high fuel prices linked to the Russia-Ukraine conflict.
MultiChoice Group has installed a studio at its broadcast centre in Randburg, Johannesburg capable of high-end Dolby Atmos audio productions.
The SABC has apologised to its former head of news, who was dismissed earlier this year, after she was blocked from viewing the SABC News Twitter account.
Huge Group has secured new debt financing from Rand Merchant Bank, in the process refinancing existing debt and giving the firm additional ammunition for acquisitions.