Eskom is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reported, citing court papers.
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Nedbank Group is in talks with about 1 500 employees over potential job cuts at the lender’s retail and business banking division to cope with a struggling economy and increased competition.
Millions of young people are turning their personal Instagram accounts into “business” profiles to learn more about how their posts are performing. The trend has an unintended privacy consequence.
Communications minister Stella Ndabeni-Abrahams has asked Icasa to ensure that preferential access to spectrum is given to a new wholesale open-access network while opening the way for spectrum to be released to commercial operators.
Communications regulator Icasa has issued an invitation to apply for a tender to help it value high-demand spectrum bands ahead of a planned assignment of the valuable radio frequencies.
MTN Nigeria has published strong maiden results as a listed company, with operating margins expanding significantly on the back of good service revenue growth.
Apple is to acquire chip maker Intel’s smartphone modem division for $1-billion to bolster its attempt to build its own line of 5G chips and lessen its dependence on Qualcomm.
Telkom CEO Sipho Maseko earned total remuneration of R23.2-million in the 2019 financial year, down from R27.2-million in 2018, mainly as a result of fewer shares that vested to him in the period.
Twitter reported sales that beat Wall Street expectations as the social media company attracted millions of new users with better ways of sorting users’ feeds and more relevant notifications.
Vodafone Group plans to carve out its phone towers into a separate unit and consider an initial public offering, as it seeks to sell substantial stakes in the business to lower its debt.