Remgro-controlled CIVH reduced its losses in the year ended 30 June 2021, with its contribution to headline earnings of a loss of R435-million, from R649-million a year ago.
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South Africa’s Financial Sector Conduct Authority has warned the public to be cautious in dealing with Binance, the world’s largest cryptocurrency exchange.
A court case filed by a losing bidder in South Africa’s emergency power programme threatens to delay the provision of the electricity by months.
Telkom’s sprawling wholesale division, Openserve, is likely to be the next unit of the telecommunications group to be listed on the JSE.
South Africa is forging ahead with plans for a new, 2.5GW nuclear power plant in a bid to boost energy security and wants to end the procurement process by 2024.
In an effort to unlock shareholder value trapped in its corporate structure, Telkom has announced it will seek a JSE listing for its masts and towers business.
MultiChoice Group has launched a fixed-wireless Internet access service called DStv Internet in South Africa offering three data packages designed for streaming media.
Netflix has begun offering a free mobile plan with about a quarter of its TV shows and movies in Kenya, a strategy aimed at sparking growth in a key African market.
MTN Group affiliate, emerging markets telecommunications tower operator IHS Towers, is pursuing a possible listing on the New York Stock Exchange.
Jacques Celliers says the bank expects its corporate staff will return to offices over time to a level where around 40% are on campus on any given day.