EOH Holdings’ new black empowerment partner, Lebashe Investment Group, has said it won’t subscribe for a R250-million third and final tranche of a planned R1-billion investment in the JSE-listed technology group.
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Apple is seeing higher iPhone demand than it expected, thanks to two forces consumers find hard to resist: falling prices and the inevitable ageing of older models.
Helios Towers met with a tepid response for a long-delayed share offering that gives investors a foothold in Africa’s fast-growing wireless tower industry.
South Africa has been promising for months to fix Eskom. While little tangible progress has been evident so far, several key decisions are due to be taken this month.
A special general meeting of 4Sight shareholders, at which the removal and election of a range of board directors was to be voted at, was called off prematurely on Friday.
Eskom is approaching the courts in an effort to force energy regulator Nersa to reconsider electricity tariffs for the next three financial years.
Multiple sources close to Cell C have rubbished a report that China Mobile is about to strike a deal to buy a stake in the troubled South African mobile operator.
Microsoft said on Friday that it will be bringing its range of Surface hardware devices to South Africa.
South Africa’s third-biggest mobile operator has put core parts of the business up for sale as it struggles with R9-billion of debt and deepening losses.
President Cyril Ramaphosa poured cold water on proposals by his finance minister, Tito Mboweni, that state power utility Eskom sell some of its power plants to help settle its debt.