Vodacom South Africa’s prepaid revenue accelerated in the second quarter, and its margin hit its highest level since FY2023.
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Government will publish its evidence-based case for 5.2GW of nuclear power at the end of November.
Home-Connect and Afrihost charge the same prices and apply the same fair-use limits on Comsol’s new network.
Vodacom has since secured waivers from its lenders, but its appeal against the ruling has yet to be heard.
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Cell C, for years saddled with unsustainable debt, is looking to a more hopeful future after reporting a R2-billion net loss for the six months ended 30 June.
Wiocc Group has secured a $30-million equity investment from the International Finance Corporation as it ramps up investment in fibre networks and data centres.
The state-owned utility, which is struggling with broken coal-fired power stations, said it will impose stage-3 power cuts on both Saturday and Sunday.
South Africa has banned Bain & Company from bidding for public-sector contracts for a decade over alleged corrupt and fraudulent practices.
Karpowership will re-file an application to the environment department in a bid to move its project forward at a time when South Africa is suffering its worst-ever power cuts.
Eskom’s worst-ever bout of load shedding will continue indefinitely at stage 4, instead of the previous mix of stage 3 and stage 4.
World News
Facebook has dropped out of the top 10 most valuable global brands as Apple, Google and Amazon retained the first three places.
IBM reported third quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.
Netflix delivered enough good news on Wednesday to allay concerns about looming competition from Walt Disney and Apple.
Huawei Technologies’ revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.
Could pay-TV operator MultiChoice, which owns DStv, be forced to allow rival broadcasters access to premium sports and entertainment content that it has bought rights to? If communications minister Dina Pule gets her way, this could happen.Pule told parliament on Tuesday
Vodacom expects demand for data to offset a decline in voice revenues in the next few years, but with the margins on data slimmer and the price of data being driven down by a competitive market, the operator is also hoping so-called “over-the-top” services – content, social networking and financial services are three examples
