Telkom CEO Sipho Maseko said on Monday that it appears government has backtracked – at least for now – on a plan to sell a portion of its stake in the telecommunications operator, though he admitted anything
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Net1 UEPS CEO Herman Kotzé has downplayed the cash crunch faced by its social grant-distributing subsidiary Cash Paymaster Services, yet fears are growing that nearly two million elderly and disabled beneficiaries might
The number of fixed lines in service at Telkom has continued to decline, falling by a sharp 9.3% in the 2018 financial year to just 2.68m at the end of March 2018, from 2.95m a year ago. That’s the lowest it’s been in decades
Telkom had a tough 2018 financial year, with group revenue flat compared to 2017 and headline earnings per share sinking by 18.4%. Mobile services were a highlight, while pressure on the fixed-line business and IT services
A unit of the South African Police Service said it’s started an investigation into an alleged cryptocurrency investment fraud that has affected more than 28 000 people and led to losses of more than R1bn. The allegations
Sygnia, the financial services group headed by outspoken businesswoman Magda Wierzycka, plans to launch a cryptocurrency exchange in the third quarter of 2018 that will allow its clients to trade in crypto assets
From technology giant Facebook to libraries and schools, organisations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over
South Africa’s central bank chooses to call digital currencies such as bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money. “We don’t use the term ‘cryptocurrency’ because it doesn’t
MTN Group CEO Rob Shuter said on Thursday at the telecommunications operator’s annual general meeting of shareholders that it still expects to declare a full-year dividend for 2018 of R5/share despite impending US
Cell C chief financial officer Tyrone Soondarjee is stepping down at the end of the month, less than a year after joining the mobile operator. On a wide-ranging call with analysts on Thursday after markets closed, Soondarjee