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.
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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.
WhatsApp has introduced new stricter limits on message forwarding in a bid to stop the spread of disinformation.
As risk assets regain their mojo amid optimism the coronavirus spread is beginning to level off, bitcoin’s back above $7 000 and may be headed higher still.
Vodacom is suing Absa for losses of at least R1.2-billion it claims it incurred due to an alleged unauthorised payment from the operator’s accounts to Tanzania’s tax agency last year. It’s also demanding R4.3-billion under a guarantee signed between the parties.
Icasa will temporarily assign spectrum in the 700MHz, 800MHz, 2.3GHz, 2.6GHz and 3.5GHz bands, with licensees required to submit their applications by no later than Thursday.
An expert involved in the fight against coronavirus has described conspiracy theories linking 5G technology to the pandemic as “utter rubbish” after videos showing masts on fire in the UK were posted on social media.
Communications regulator Icasa has moved to quash conspiracy theories spreading through social media that next-generation 5G networks pose a health risk to consumers.
Moody’s Investors Service has cut Telkom’s credit rating to “junk”, or “speculative grade”, and affirmed a negative outlook, the telecommunications operator told shareholders on Monday.
Cell C has appointed Simo Mkhize as chief commercial officer with immediate effect. Mkhize has 23 years of experience in the telecommunications industry, which includes five years at Cell C previously.