South Africa plans to slash its wage bill over the next three years, including a proposed pay freeze, as it earmarks massive expenditure cuts to reign in a soaring budget deficit.
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Gijima, the IT services group founded by businessman Robert Gumede, has agreed to acquire the South African subsidiary of T-Systems, the IT services arm of German telecoms giant Deutsche Telekom.
South Africa’s biggest cities are preparing to source their own power after the energy ministry this month approved letting them wean themselves off the state utility.
National treasury has issued a request for proposals for a government tender to supply mobile services to government workers – and its main requirement is that they get completely uncapped mobile Internet access.
Bitcoin is approaching levels not seen since just after the burst of the cryptocurrency market bubble almost three years ago.
Liquid Telecom has raised $307-million through a rights issue to fund a rapid expansion of its data centre business across Africa.
Communications regulator Icasa is putting the cart before the horse in forging ahead with plans to licence access to new spectrum bands before it has concluded an inquiry into the mobile broadband services market.
Ferdi Moolman, the longstanding CEO of MTN Nigeria, MTN Group’s largest operating subsidiary, will step down from the role at the end of February 2021.
Software services group Adapt IT on Monday published full-year financial results to 30 June 2020 that showed remarkable resilience in the face of the Covid-19 pandemic and lockdown.
Eskom, the indebted South African state power utility, will announce its annual results this week after a three-month delay.