After years of wrangling, South Africa appears no closer to finalising a plan to cut Eskom’s R402-billion of debt to more sustainable levels.
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Bitcoin fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Bitcoin went through a major upgrade on Sunday that enables its blockchain to execute more complex transactions
Vodacom Group will spin off its South African tower portfolio into a separate business and may seek partners for the newly created entity.
Vodacom Group may consider a separate listing of its financial services business in South Africa to unlock value.
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.