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Private equity fund managers raised R29bn in 2015, up significantly from the previous year’s R11,8bn. According to the Savca 2016 Private Equity Industry Survey, this is the highest number on record and includes funds raised for

Nedbank Corporate and Investment Banking is buying a 25% stake in Comsol, joining shareholder Convergence Partners, as the company gets ready to spend hundreds of millions of rand building a fibre and wireless broadband network

MultiChoice South Africa Holdings chairman Nolo Letele has said it would “absolutely make sense” to list the pay-television broadcaster on the JSE, but the requirement of its broadcasting licence that 30% of its equity be in black

Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced

Communications minister Faith Muthambi has described the timing of the resignation of acting SABC CEO Jimi Matthews as “suspect” and hit out at him for not raising his grievances with her office. In a statement issued on Tuesday

Telecommunications company Neotel expects regulators to approve the sale of its business to Econet-owned Liquid Telecom before the end of March 2017. India’s Tata Communications, which owns a controlling stake in Neotel, announced on Tuesday

Three SABC journalists have taken their boss, chief operating officer Hlaudi Motsoeneng, to task over his censorship of the news and for his decision to suspend three of their colleagues. In a strongly worded letter addressed to

Veteran journalist and SABC acting CEO Jimi Matthews has quit, saying in his resignation letter that what is happening at the state-owned broadcaster is “wrong” and that he can “no longer be a part of it”. Matthews tweeted a copy