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State-owned signal distributor Sentech is in dire straits. A submission from the company’s board to parliament reveals its auditors are concerned about its ability to continue as a going concern. TechCentral is in possession of a strategic presentation the company was supposed to deliver to parliament on Tuesday this week in which it has revealed that its auditing firm — which it doesn’t name — has raised concerns about its financial standing.

Kenyan telecommunications operator Safaricom has increased its market share from about 60% three years ago to over 80% on the back of its M-Pesa cellphone money transfer service. Now Vodacom is hoping to emulate those market share gains in SA. That’s the word from Mark Taylor, newly appointed MD of Vodacom Payment Services, the company that houses the company’s M-Pesa offering.