South African police arrested a former ambassador to Iran on corruption charges related to the award of a mobile phone licence to MTN Group after it was initially given to Turkcell.
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While most South Africans spent the past week griping about rolling power cuts, the outages proved a blessing for cable thieves, who are able to work during the blackouts without fear of electrocution.
A lobby group representing South African banks has urged President Cyril Ramaphosa to prioritise the country’s wider interests rather than securing votes for the ANC.
The chairman of communications regulator Icasa’s powerful decision-making council has been sentenced to 20 years in jail for money laundering and fraud, it was reported on Friday.
Telkom sees an acquisition as one way to grow its mobile phone business as the former landline monopoly looks to boost profit and attract higher-paying customers.
Ahead of its unbundling from parent Naspers and separate listing on the JSE, the bear case for MultiChoice is fairly well understood by the market. The reality, as always, is a lot more nuanced.
Eskom said it will likely end rolling blackouts on Friday after it repaired some power plants and replenished diesel and water supplies at others.
Uganda has deported the CEO of MTN’s Ugandan subsidiary, less than a month after the East African country did the same to its chief marketing officer, its head of sales and distribution, and its head of mobile financial services.
Have you wondered about the camera poles popping up in suburbs across Johannesburg and who’s building them? The mystery has been solved.
President Cyril Ramaphosa reached out to labour unions that oppose his plans to break up the state power utility on Thursday, reassuring them that the move is not aimed at privatisation.