EOH has announced details of its plan to go to shareholders for cash to resolve its legacy debt issues, sending its share price sliding to a multi-year low.
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Cinema group Ster-Kinekor has exited business rescue after nearly two years, its administrator said on Friday.
Safaricom, Kenya’s biggest telecommunications operator, has reported a 10% drop in its first-half net income.
Twitter’s new owner, Elon Musk, has raised the possibility of the social media platform going bankrupt.
MultiChoice has defended its spending splurge ahead of the 2022 Fifa World Cup that have hit its trading profit margin.
The Naspers unit gave up its stake in Russia’s largest social network for nothing, walking away from the company.
In an effort to save costs, local companies often fall for the low-quality code trap, writes Sergio Barbosa.
Eskom has revived a proposal to build a hydropower plant that was mothballed more than a decade ago.
Meta Platforms will let go of 13% of its workforce, or more than 11 000 employees, in one of the biggest tech layoffs this year
Cell C said it is “transforming” its core business support system as it pivots to being what it calls a “digital lifestyle company”.