South Africans are likely to “see red” if Eskom is granted permission to increase electricity tariffs by 17%, according to AfriBusiness. “Eskom requested a 25% increase in electricity tariffs in 2015
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The Eskom manager who brought Majuba back to operation after the silo collapse is replacing Roman Crookes as Medupi’s project director with immediate effect. Eskom on Monday appointed Phillip Dukashe to replace Crookes to run Medupi power station without a handover from Crookes
The disruption of the banking industry by technology has convinced Barclays to establish its accelerator in Cape Town. The bank on Thursday launched its Barclays Rise programme at
Cell C intends listing on the JSE within the next few years to unlock value for shareholders and staff. This comes in the wake of news this week that Blue Label Telecoms has tabled an offer to acquire a 35% stake in South Africa’s third mobile operator for R4bn
Financial services company Discovery is giving away Apple Watches – but at an exercising cost. The company, which sells health insurance services, announced on Tuesday that it will fund Apple Watch devices in full for Vitality Active Rewards members, if they meet all their weekly fitness goals for 24 months
Cell C will expand its 4G/LTE network to the Western Cape, the mobile operator said on Wednesday. Commercial switch-on will happen on 1 December. The launch of the LTE network is timed to meet demand from holidaymakers, who are expected to
Vodacom is in talks with Neotel and its shareholders about a “revised transaction structure”, the mobile group said in a statement to shareholders on Monday. But it has not explained what prompted it to re-look at the R7bn deal. The decision has forced
The Competition Tribunal has agreed to postpone a hearing regarding a R7bn merger between Vodacom and Neotel indefinitely. This comes after Vodacom released a market update earlier on Monday saying the company is exploring a “revised transaction structure” regarding the Neotel deal
In the first bit of good news for MTN after what has been a week from hell for the JSE-listed telecommunications group, the Nigerian Communications Commission (NCC) has approved the renewal and extension of its operating spectrum licences in two key spectrum bands
MTN has enlisted the help of the South African government and is meeting with Nigerian officials “at the highest level” as it moves to fight off a damaging US$5,2bn fine by the Nigerian