The high cost of roaming in the Southern African Development Community region has come under the spotlight at a meeting of ICT ministers taking place in Durban, with renewed calls for operators to reduce roaming costs in
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Vodacom shares tumbled almost 8% on Wednesday after parent, the UK-headquartered Vodafone, said it had sold a chunk of its shares worth almost R15bn to meet the JSE’s 20% free-float requirement. Vodafone said it sold about
One of Bell Pottinger’s biggest investors has severed ties with the embattled PR firm, along with a growing list of corporate clients that are deserting the UK-based company as it attempts to weather a reputational crisis. Bell Pottinger
Liquid Telecom is planning to build more fibre routes across South Africa, with work expected to begin on a new leg between Durban and Cape Town, connecting the coastal cities of Port Elizabeth and
The former chairman of communications regulator Icasa, Paris Mashile, is back in the hot seat, albeit in an acting capacity. He replaces outgoing acting chairman Rubben Mohlaloga, whose term as
Econet Global subsidiary Liquid Telecom, which bought South Africa’s Neotel earlier this year in a R6.5bn deal, has completed 100G upgrades to key routes on its East Africa fibre ring. The upgrade to 100G
South African venture capital firm Knife Capital has expanded into the UK after introducing a new strategic investor in the form of UK-based Draper-Gain Investments. This decision to open the London office comes after the
Former Telkom chief commercial officer Brian Armstrong has been appointed to the board of JSE-listed telecommunications company Huge Group as an independent nonexecutive director. Huge Group said in
EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on
A culture that shies away from risk-taking is one of the biggest impediments to developing a bigger technology start-up ecosystem in South Africa. Michael Jordaan, CEO of venture capital firm Montegray Capital and