Government’s planned wholesale open-access network should only get a small set-aside of radio frequency spectrum, with the rest auctioned off to commercial operators, national treasury has said.
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Government could decide that Eskom must sell some of its coal-fired power stations as part of the restructuring of the power utility, national treasury said.
Two Gugulethu-based entrepreneurs who accused Nedbank of stealing their patented card-blocking invention have issued a new summons against the bank in the high court in Johannesburg.
Huawei retained its place as the world’s second largest smartphone maker in the second quarter, behind Samsung Electronics, despite the US government’s crackdown on the Chinese company, which began in May.
Three investment banks – Goldman Sachs, JPMorgan and Morgan Stanley – will be paid €7.2-million each for their roles as lead financial advisors in Naspers’s listing of Prosus in Amsterdam.
More than 52% of motorists believe there is nothing government can do to convince them to start paying their e-tolls on Gauteng Freeway Improvement Project roads, according to the AA.
Naspers said a newly created entity containing assets including a stake in Chinese internet giant Tencent Holdings will be valued at about $100-billion (R1.5-trillion).
Bitcoin’s trading range is narrowing as speculators seek positions on the right side of a potential break-out.
Not all shareholders are perfectly happy with Naspers at the moment, which made the group’s AGM on Friday a livelier affair than usual.
Current and former central bankers in Jackson Hole, Wyoming, weren’t sure if Mark Carney’s idea for a virtual reserve currency is the answer, but they agree that the dollar’s dominance is a problem.