Vodacom Group will spend R1-billion in its current financial year ensuring its network in South Africa is able to cope with Eskom’s rolling blackouts.
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The volume of data traffic flowing across Vodacom’s network in South Africa surged by 66% in the year ended 31 March, after price reductions led to greater “elasticity” in demand from consumers.
Business leaders are ratcheting up pressure on President Cyril Ramaphosa to re-open the economy more swiftly, warning that the devastation wreaked by a lockdown could exceed damage caused by the pandemic.
Construction of the planned multibillion-rand expansion of the Gautrain rapid rail network, dubbed Gautrain 2, could realistically commence at the end of 2024, according to the Gautrain Management Agency.
Government has amended regulations that prohibited telecommunications operators from porting customers’ numbers and scrapped rules regarding the electronic tracking and tracing of individuals.
Cars could be able to “talk” to each other to warn about dangers on the roads using 5G technology in future, according to researchers.
President Cyril Ramaphosa warned that the coronavirus will be present in the country for at least a year and that infections will rise as lockdown restrictions are eased.
Vodacom Group has turned in a strong financial performance, allowing it to hike its full-year total dividend by 6.3% to R8.45/share before tax despite the darkening economic situation.
The SABC has dismissed a Sunday newspaper report suggesting it’s planning to go back, cap in hand, to government for another bailout.
Takealot.com CEO Kim Reid said on Friday that if the e-commerce company were to take government to court to challenge its continued ban on e-commerce, it would win – but he hopes it won’t be necessary.