Communications regulator Icasa on Wednesday moved to caution those involved in various efforts to rescue mobile operator Cell C that any deal must meet “regulatory compliance requirements”.
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The Post Office is cutting several hundred jobs, the second state-owned company in as many days to detail plans to lay off workers as the government looks to slash its wage bill.
MultiChoice Group and Dimension Data decided to liquidate Vast Networks, South Africa’s largest public Wi-Fi hotspot provider, after several attempts to sell the business fell through.
In the past year, Telkom lost 186 141 copper broadband lines but only gained 55 577 fibre connections. This has caused tremendous pressure on its revenue line.
Walt Disney’s much-anticipated debut of its new streaming video service was marred by technical glitches and crashes for some users, though it still stirred excitement online.
Takeaway.com CEO Jitse Groen said it doesn’t make sense to overpay in its bid to gain control of rival Just Eat as it battles Naspers Internet spin-off Prosus, which officially filed its hostile offer for Just Eat on Monday.
Apple introduced its first major update to the MacBook Pro laptop in three years on Wednesday, adding a slightly larger screen to the top-end model, improved speakers and a better keyboard.
Tencent posted quarterly earnings that missed the lowest analyst’s estimate after a weakening economy hurt advertisement revenue.
Bank Zero, the digital bank backed by former First National Bank CEO Michael Jordaan, is on track to launch in the first half of next year and is promising innovations to stamp out card fraud.
Telkom wants to buy Cell C in a plan that will include reducing its troubled rival’s debt and renegotiating contracts with suppliers, according to people with knowledge of the situation.