MTN South Africa said on Friday that it will cut 63 temporary jobs filled by labour brokers at its Midrand warehouse operations as it moves to streamline and improve the distribution of devices to consumers. It said it is modernising the facility
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Communications regulator Icasa is to face industrial action from Monday as workers walk of the job. The strike will continue indefinitely, with employees vowing not to return to work until their demands are met, according to a source at the authority.
Fast-expanding broadband fibre-to-the-home provider Vumatel has received the second and final tranche of R250m in funding from Vantage Capital, a mezzanine fund manager. Vantage Capital said on Friday that the funds will
MTN has dished out R5,2m worth of shares to the CEO of its South African unit, Mteto Nyati. In a statement to shareholders on Friday, MTN said it had provided Nyati with an “off-market award of shares” as part of its performance share plan
A former Vodacom executive, who was once also CEO of the SABC, has been named as a deputy CEO of Absa parent company Barclays Africa Group. Barclays Africa said in a statement to shareholders on Friday that
Motorists driving past the SABC office in Sea Point hooted in support for around 100 picketing journalists, shouting: “Hlaudi must go!” Dressed mostly in black, they held up boards stating “Not in our name”, a comment on recent
Internet giant Google is the most desirable employer globally, according to survey by more than 267 000 millennials. Universum’s Talent Survey asked business and engineering/IT students in the world’s 12 largest economies to choose their
Facebook increased the number of regular users in its three biggest African markets by 13% in the nine months through to end-March as the US social network intensified growth plans on the continent. The company added 4m account
The rand may extend its best monthly rally since March after South Africa’s approval of Anheuser-Busch InBev’s takeover of SABMiller was seen triggering foreign-exchange inflows and as international investors continue to
Tariffic, the company that analyses the mobile operators’ tariff plans to offer businesses and consumers the best rates based on their requirements, has conducted an analysis of how much it costs to terminate a contract with South Africa’s major