MTN South Africa has introduced new social bundles, including a plan that offers 10GB of data, with YouTube access, for R120.
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Perhaps unsurprisingly, South Africans – forced to stay at home during a 21-day national lockdown aimed at fighting the spread of Covid019 – are turning to video-on-demand services in droves.
In the midst of the Covid-19 lockdown, supermarket giant Pick n Pay is upping the ante in South Africa’s online retail game by launching a same-day grocery delivery service in partnership with Bottles.
Zoom Video Communications has been sued by a shareholder and accused of fraud amid mounting security concerns over the popular video-conferencing app.
Eskom has told investors it doesn’t currently need to approach the government for more support, even as a Covid-19-related national shutdown slashes revenue.
Africa Data Centres is acquiring Standard Bank’s giant data centre facility in Samrand, north of Johannesburg, for an undisclosed sum. The transaction is subject to the approval of the competition authorities.
JSE-listed 4Sight Holdings has agreed to sell its subsidiary Digitata, which it bought in 2017, for R91.9-million, to its original owners.
Top executives at JSE-listed IT services group EOH Holdings, including CEO Stephen van Coller, will have their salaries cut by 25%, while those earning more than R250 000/year will see their pay reduced by 20%.
EOH Holdings reported a 21.8% decline in total revenue to R6.4-billion in the six months to 31 January 2020, but losses decreased as it said it was making headway with its turnaround plan.
President Cyril Ramaphosa has emphasised the importance of social distancing after a former deputy minister shared a picture of himself and communications minister Stella Ndabeni-Abrahams, and others, having a meal at his house.