JSE-listed telecommunications company Huge Group has acquired a shareholding in Pansmart, an authorised distributor of Panasonic voice, video and CCTV products in South Africa.
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President Cyril Ramaphosa has a formidable challenge: picking a cabinet that can dismantle a shadow state of corruption and revive the flagging economy.
Bitcoin surged more than $1 000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month.
Between 6 March, the day before MTN announced its results for the year to December, and 9 May, when it published a first-quarter trading update, its share price has increased by 36%.
When e-commerce platform Jumia listed in New York last month, it was heralded as Africa’s first unicorn to go public.
Amazon.com CEO Jeff Bezos has announced he is going to send a spaceship to the moon.
President Cyril Ramaphosa has the full backing of the ANC to reduce the size of the cabinet after the elections, senior official Fikile Mbalula said.
MTN Group had 236.6 million subscribers on its books at the end of its financial first quarter, to 31 March 2019, up from 232.6 million at the end of December.
The turnaround at Altron is gathering steam, reporting a 50% improvement in full-year headline earnings per share from continuing operations.
MTN Group’s Nigerian unit may list shares in Lagos next week, according to two people familiar with the matter, almost three years after agreeing to the move as part of a deal with local regulators.