MTN Group, Africa’s largest mobile phone operator by sales, said it entered three loan agreements, raising more than US$1,3bn as the company markets a potential bond sale. The company is being
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President Jacob Zuma downplayed tensions between his office and the national treasury, saying perceptions they were at war are unfounded. “There is no war between the presidency and the treasury
Mobile operator Cell C has made its first foray into the content space, launching an online reality show tagged #BreakTheNet, or #BTN, in partnership with Bl!nk Pictures. Cell C said the show, which is focused
Deputy finance minister Mcebisi Jonas is “worried” about the impact of a perception that state institutions are being used to advance political agendas, saying the issue is a distraction to efforts to expand the economy. “Political behaviour does
The case against two men accused of attacking three people during Uber rides was provisionally withdrawn and the suspects released on Monday evening, police confirmed. “The case against the two suspects was provisionally withdrawn
South African mobile payments start-up iKhokha and Mastercard have agreed to work together to boost payment card acceptance at micro, small and medium enterprises in informal settlements. In the next six months, iKhokha aims to roll
The former Uber driver accused of several robberies and rapes in Johannesburg had no prior criminal record, the online transportation company said on Monday. He had cleared all their background checks before being
President Jacob Zuma has lamented the abuse he faces in the national assembly every time he answers questions. Following his question session in the national assembly, Zuma told MPs that it would be unfair for him to step off, without raising
South African President Jacob Zuma made the payment ordered by the constitutional court for taxpayers’ money spent to upgrade his private home in Nkandla, KwaZulu-Natal province, the national treasury said. “The money has been paid
Samsung Electronics lost US$22bn of market value over two days as investors factor in a bigger hit to its bottom line from widening bans and warnings on its Note7 smartphones. Shares have plunged 11% since Friday, the biggest