MTN Group shares fell on the JSE on Friday after Africa’s largest telecommunications operator by subscribers said it was scrapping an interim dividend payment to shareholders.
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Zimbabwean finance minister Mthuli Ncube doesn’t see a quick resolution to the country’s battle with its most successful company.
Facebook has completed a series of deals for the right to show music videos, according to people familiar with the matter, vaulting the social network into a medium dominated by YouTube.
Eskom plans to cancel a contract to buy as much as R14-billion of fuel oil from Econ Oil & Energy after a probe it commissioned found Econ’s fees had been inflated.
The Zimbabwean businessman is seeking buyers for 20% to 34% of Liquid Telecommunications Holdings for as much as R10-billion, though Covid-19 is frustrating those efforts, sources say.
The Wireless Access Providers Association warned on Thursday that millions of dollars of planned investment in television white-spaces technology in South Africa is at risk over regulatory delays.
After briefly entering the PC market in South Africa a few years ago and then beating a strategic retreat, Huawei is poised to reintroduce its MateBook laptops in the local market.
MTN Nigeria’s profit margin, measured using Ebitda, fell by two percentage points to 51.3% in the six months to June 2020, partly due to accounting changes and Covid-19.
The Black IT Forum said it will drag communications regulator Icasa to court if it doesn’t get an immediate move on with commercialising television white-spaces technology.
First National Bank is launching Virtual Card, a digital card solution built into its smartphone app that it believes will make both online and physical payments significantly safer.