Despite a weekend report of an approach by MTN Group, Telkom shares were trading lower on Monday, implying investors don’t believe a deal is imminent or even possible.
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Eskom’s power supply crisis is intensifying. The state-owned power utility has announced stage-4 load shedding from 1pm on Monday until 5am on Friday.
The International Finance Corporation has partnered withLiquid Intelligent Technologies to expand data centre capacity and roll out fibre-optic cable in Africa.
Shares of MTN Nigeria hit an all-time high on Monday after receiving approval to operate mobile money services in Africa’s most populous country.
Shabir Madhi has been a key player in shaping the country’s response. Here he provides an assessment of plans to vaccinate adolescents, and next steps.
MTN Group recently expressed an interest in acquiring Telkom, Bloomberg News reported on Sunday, citing unnamed sources “familiar with the matter”.
Eskom will implement stage-2 load shedding until at least next Saturday as the state-owned utility continues to struggle with plant breakdowns.
Exclusive | The communications regulator is moving to defuse the looming court battle over its planned withdrawal of Covid-19 temporary spectrum.
Two Eskom employees and a supplier to the embattled state-owned electricity utility have been arrested and charged with theft, fraud and corruption.
MTN Group’s shares surged in Johannesburg after it moved a step closer to getting a licence to operate lucrative mobile money services in Nigeria.