Telkom will merge its enterprise-focused Telkom Business unit into IT group Business Connexion, which it acquired last year for R2,7bn. The merger will create one go-to-market brand and avoid the creation of parallel
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Ratings agency Fitch on Wednesday affirmed South Africa’s investment grade credit, and surprisingly kept its outlook stable, but it warned that political and growth concerns should be addressed. This follows rating reviews by Moody’s
Uber Technologies started the ride-hailing service in the Ghanaian capital of Accra on Wednesday, continuing an expansion plan that’s seen the company regularly add new markets in sub-Saharan
South Africa recorded a negative growth rate of -1,2% in the first quarter of 2016, according to the latest figures released by Stats SA on Wednesday. Statistician general Pali Lehohla announced the official GDP in Pretoria
Google has launched Google Play Music Concierge in 20 countries in Europe, the Middle East and Africa, including South Africa, the Internet giant said on Wednesday. The service allows Play Music subscribers to select
The quick succession of news that South Africa’s economy shrank by 1,2% in the first quarter of 2016 followed by news that ratings agency Fitch had spared the country from junk status sent the rand on a quick roller-coaster ride
Telkom has revealed plans to re-farm half of its spectrum in the 1,8GHz band for 4G/LTE services as it bets on data rather than voice as the big growth driver in mobile services. The company’s CEO, Sipho Maseko
The Telkom-branded vans dotted across South African towns and cities are an endangered species.
The vans will soon be rebranded as Openserve, in line with Telkom’s move to turn its former
Correctional services minister Michael Masutha has been interdicted from acting against a controversial R378m tender given to an ANC benefactor. National treasury found that the correctional services
Telkom has agreed with organised labour not to retrench any workers for the next two years, but in turn workers have agreed to a wage freeze and to a new performance-based system that can earn them extra money. The agreement has been signed