MTN South Africa appears eager to accelerate the return on investment in network infrastructure by attempting to grab market share from its competitors.
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The office equipment and stationery market boomed 55% in the first eight months of 2020, while the IT market grew by 8%, as the Covid-19 pandemic radically affected consumer spending priorities, according to GfK South Africa.
As the bitcoin price surged past $13 400 over the last week, an old debate has resurfaced: Is it a bubble and will it burst?
The SABC has issued a request for information from streaming-media platform experts as it gears up to launch its own so-called “over-the-top” digital streaming service akin to Netflix and Showmax.
Huawei Technologies plans to build a chip plant in Shanghai without using American technology as it seeks a new strategy to overcome increasingly tight US sanctions, the Financial Times reported.
Naspers spin-off Prosus, which became Europe’s largest technology company this week, has always been something of a Gordian knot for investors.
Eskom on Friday said it made a net loss of R20.5-billion in its financial year ending in March 2020, down slightly from R20.9-billion the previous year.
Naspers’s European-listed Internet investment holding company Prosus announced on Friday that it plans to acquire up to $5-billion in both Naspers and Prosus shares in a massive share buyback programme.
MTN Group said on Friday it had now exited its 18.9% stake in African online retailer Jumia, making R2.3-billion in net proceeds.
MTN South Africa delivered strong subscriber growth in the third quarter of 2020, propelled higher by an advance in prepaid users. This, coupled with surging demand for data, helped lift revenue and margins.