S&P Global Ratings has downgraded Cell C’s debt to “D”, or “default” – its lowest-possible “junk” rating – after the mobile operator “failed to make interest payments on certain bilateral loan facilities” due last month.
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The Information Communication Technology Union will lead its members at MultiChoice South Africa out on strike on Friday to protest job cuts at the pay-television operator.
Apple is readying a clutch of new hardware for the coming weeks and months, including “Pro” iPhones, upgrades to iPads and its largest laptop in years.
DStv owner, JSE-listed MultiChoice Group, is cutting the price of monthly bouquets in Kenya by as much as 37% as competition from streaming services intensifies.
Google has said the next version of its Android operating system will be called Android 10, ending a long-standing tradition of naming the releases after desserts or “tasty treats”.
China’s Huawei has partnered with government to train 6 000 South African postgraduate ICT students and technology practitioners in 5G and “fourth Industrial Revolution” technologies.
Volkswagen South Africa is working on a comprehensive electric mobility strategy with the purpose of laying a strong foundation for the introduction of battery electric vehicles into its key brands.
An acceleration in economic growth in South Africa could trigger power cuts, with state utility Eskom’s fragile generation system unable to respond to increased demand for electricity.
Jumia Technologies has identified cases of improper transactions at the Africa-focused online retailer’s Nigeria business that amounted to as much as 4% of first quarter sales.
The South African Revenue Service has placed Mmamathe Makhekhe-Mokhuane, head of digital information services and technology, on precautionary suspension pending the finalisation of a disciplinary process.