Three of Africa’s largest telecommunications towers companies plan to pursue share sales in either London or New York early next year, taking advantage of high industry valuations to fund expansion, according to people familiar
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The Electronic Communications Amendment Bill, approved by cabinet earlier this month, does not address the telecommunications industry’s “urgent need to access available spectrum”, Vodacom CEO Shameel Joosub has
The Democratic Alliance has called on MultiChoice to publish the contracts it entered into with the Gupta-owned 24-hour news channel ANN7 along with the record of negotiations with the channel. It also wants parliament to
African telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about US$8bn next year after combining new and existing assets, according to people familiar with the matter
Electronic payments specialist i-Pay has secured R10m in venture capital funding from Kalon Venture Partners, which it intends using to expand to other countries outside South Africa. The company, which facilitates bank-to-bank
South Africa’s biggest online retailer has fallen over under the pressure of shoppers looking for Black Friday deals. Both Takealot.com’s website and mobile app were down on Friday morning, with customers reporting
Gauteng is challenging Cape Town as the epicentre of the technology start-up scene in South Africa, according to new research. There has also been a jump in the number black entrepreneurs, though they are not as
The SABC wants DStv parent MultiChoice to pay to carry its channels on its pay-television platform. Until now, the Naspers-owned broadcaster has been able to offer the channels free of charge in terms
JSE-listed technology services group Adapt IT is acquiring CDR Live for R42.8m in cash in a deal that will expand its footprint in South Africa and Australia and give it a toehold into the US market
Cabinet last Friday approved the Electronic Communications Amendment Bill, which, if enacted, will see sweeping changes to legislation governing South Africa’s ICT sector that will force through the creation of a