Browsing: News

Bolt, a rival of Uber’s ride-sharing and food delivery business, plans to focus on Europe and Africa for now, CEO Markus Villig said.

An unnamed investor has proposed stumping up $5-million for a 51% stake in the company, provided criminal proceedings against the Cajees are dropped.

Following a meeting with the CEOs of six of South Africa’s telecommunications infrastructure operators on Monday, Icasa is moving to license access to “provisional spectrum”.

Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.

How did a temporary loss of imported electricity on Saturday plunge the country into stage-4 load shedding for an entire week?

Econet Group, the company founded by Zimbabwean tycoon Strive Masiyiwa, has announced the creation of a new entity that will hold many of the group’s assets.

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.

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.