Huge Group said on Thursday that it will not meet the end-June deadline to publish its annual report and financial statements after its CEO, James Herbst, contracted Covid-19.
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Cell C is in advanced talks with Rand Merchant Bank and Investec to provide it with about R4-billion rand in fresh capital, according to people familiar with the matter.
QSure, a big player in South Africa’s insurance industry, has been hit by a data breach in which bank account numbers and other sensitive information were compromised by a third party.
Eskom is pitching a R140-billion plan to global lenders that would see it shut the vast majority of its coal-fired plants by 2050 and embrace renewable energy.
MTN in Eswatini, the small, land-locked country on South Africa’s eastern border, said on Wednesday that it is struggling to keep its network operating amid rising unrest against the monarchy.
The multibillion-rand Africa Coast to Europe submarine Internet cable system, which connects South Africa and Europe along Africa’s west coast, is now accessible in through Teraco’s peering infrastructure.
France’s Orange sees no issue in working with Huawei in Africa, where the Chinese company dominates as a supplier of equipment to many telecommunications operators.
South Africa is moving with more urgency to stiffen oversight of cryptocurrency assets after a proliferation of scams.
Facebook launched its newsletter product, called Bulletin, on Tuesday. It’s a standalone platform for free and paid articles and podcasts that will aim to rival Substack.
EOH said on Tuesday that the civil suits against several of its former directors mark a “significant milestone” in holding those responsible for the governance failings that took place at EOH accountable.