Online now accounts for more than a tenth of TFG Africa’s sales, and the store estate is shrinking.
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Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
Cost cuts lifted Ebitda margin to 38.1% in the third quarter, but service revenue was flat and the prepaid base fell to 27.4 million.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
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Serame Taukobong has been appointed as Telkom’s group CEO-designate and will replace Sipho Maseko, who has led the company for the past eight years, in mid-2022.
Puleng Kwele, the former CEO of state-owned telecommunications company Broadband Infraco, has passed away from Covid-19-induced pneumonia.
Telkom’s rapid mobile growth continues unabated, with the telecommunications group reporting a 36.3% increase in subscribers year-on-year in the quarter ended 30 June 2021.
One could be forgiven for thinking that the Nigerian authorities are acting opportunistically, if reports of a massive penalty by the Nigerian Federal Inland Revenue Service against MultiChoice are true.
Naspers, through its Naspers Foundry investment business, is leading a R160-million series-A funding round in South African fintech start-up Naked Insurance.
Users of Facebook’s WhatsApp instant messaging platform can now send disappearing photos and videos on its platform starting this week, as it looks to better compete with Snapchat.
World News
Digital-asset exchanges are emerging as one of the biggest winners of the cryptocurrency boom. The top 10 are generating as much US$3m in fees a day, or heading for more than $1bn/year, according to estimates
When US President Donald Trump infamously declared his preference for immigrants from Norway, he was presumably unaware that he selected one of the few developed economies in the world experiencing a decline
Last week, Amazon.com bought the Santa Monica, California-based smart home equipment maker Ring for an estimated $1bn in cash. Though filled with less import than the company’s $13.4bn acquisition of Whole Foods
A Chinese company that dominates the African smartphone market is preparing for a backdoor listing that will make it one of the Asian country’s biggest publicly traded mobile device makers. Shenzhen Transsion Holdings
MWeb dropped a bombshell on the SA Internet industry on Thursday morning when it announced it was slashing the cost of fixed-line broadband and introducing uncapped offerings starting at just R219/month. The move, which brings SA more in line with Internet prices in other markets, could spark a price war among Internet service providers in the next few months.
Telkom, which will become SA’s fourth mobile network operator when it launches commercial wireless services later this year, will sign a national roaming agreement with MTN, multiple…
