Vodacom Group may consider a separate listing of its financial services business in South Africa to unlock value.
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Telkom burned through close to R1-billion cash in the most recent six months.
Vodacom Group is targeting a 27% expansion in its financial services customer base to 73 million by March 2024.
ZARP is pegged to the price of the rand and is available on the Ovex cryptocurrency exchange, Curve, and Keep3rV1 Network.
When the two richest people in the world are throwing money at the satellite business, it takes a brave billionaire to join the fray.
Vodacom’s capital expenditure in South Africa jumped by 11.1% year on year, pushing spending on its network to R5.6-billion from R5-billion a year ago.
Tesla CEO Elon Musk got into a spat with Bernie Sanders on Sunday after the US senator demanded the wealthy pay their “fair share” of taxes.
As UN climate conference delegates considered how to save the planet over the weekend in Glasgow, Toyota’s CEO was in Japan racing an experimental hydrogen car.
Vodacom Group reported a 5.1% fall in half-year earnings on Monday and declared an interim dividend of R4.20/share, up 1.2%.
Eskom wants the government to take over about half of its debt so it can accept support pledged by rich nations to help reduce dependence on coal and cut emissions, City Press reported.