Absa, Investec and the Development Bank of Southern Africa indicated they could support a bid by a Turkish company to supply emergency power to South Africa, sources said.
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Telkom is open to reaching an out-of-court settlement with communications regulator Icasa over the spectrum auction, though little progress has been made in any talks.
The number of copper fixed lines in service at Telkom has plunged yet again. At the end of March, the company had fewer than 1.3 million customers using copper, down 20% from 1.6 million a year ago.
A legal wrangle over a power supply contract worth an estimated R218-billion could derail the South African government’s attempts to ease electricity shortages.
Ethiopia has awarded a new telecommunications licence to a consortium including South Africa’s Vodacom Group, paving the way for a long-awaited opening of the sector.
Has communications regulator Icasa just snatched away prime 5G spectrum from under the noses of South Africa’s big mobile operators?
The government has once again failed to meet its self-imposed deadline, set by transport minister Fikile Mbalula, to make an announcement on the future of the controversial e-toll system.
Altron has won a long-running legal battle over the validity of a broadband tender for the City of Tshwane, with the constitutional court upholding a previous judgment of the supreme court of appeal.
A Vodafone Group consortium and MTN Group submitted bids for permits to operate in Ethiopia that were much less than what was sought by the government, people with knowledge of the matter said.
The cryptocurrency market nursed its wounds on Friday after a week of pain triggered by a Chinese regulatory warning shot, forced selling and a possible US tax clampdown.