Vodacom Group is entering North Africa for the first time, announcing on Wednesday that it will acquire Vodafone Egypt from parent Vodafone Group for R41-billion.
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Stanlib Asset Management has invested R2.4-billion in the Khudu Pitje family-controlled company to accelerate the roll-out of broadband across the country.
Telkom CEO Sipho Maseko was responding to questions about a news report which said MTN had made an approach to buy the company.
Eskom CEO André de Ruyter has resisted calls from trade unions and a business group to resign amid severe electricity cuts across the country.
As Telkom makes plans to list its masts and towers business, Swiftnet, next year, the unit is actively preparing for the mass deployment of 5G in South Africa.
Telkom is considering strategic options for its IT business, including a partnership, it said on Tuesday.
The shift away from fossil fuels must generate alternative economic activities to avoid “ghost towns” forming, energy minister Gwede Mantashe said.
Eskom management is increasingly blaming staff in public for load shedding, but fails to provide the basics for them to keep the lights on, according to trade union Solidarity.
A pen gun owned by the late Oliver Tambo is set to be auctioned as a non-fungible token to raise funds for a heritage site.
The number of active fibre-to-the-home connections in Telkom’s network has leapt past the number of legacy copper connections.