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.
Top News
The alliance banking deal lets South Africa’s biggest retailer expand its financial services without becoming a bank.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
More News
IT distributor and PC assembler Mustek said on Friday that the financial losses associated with the ransacking of and arson at its Durban office will not exceed R20-million.
Huge Group has been ordered to retract another video about its all-share offer to buy software services group Adapt IT, forcing it into an embarrassing climbdown as it works to secure the support of Adapt IT shareholders.
Massmart, the South African retail group owned by US giant Walmart, said 41 of its stores, which include Builders, Makro and Game outlets, were looted and trashed in this week’s violent carnage.
A banking industry body has warned South Africans that possession of dye-stained bank notes looted from ATMs in this week’s political-inspired anarchy could land them in serious trouble.
The SABC has slammed an exclusive deal between the Confederation of African Football (CAF) and MultiChoice Group that means this weekend’s CAF Champions League final will only be available to pay-television subscribers.
The protests, unrest and massive looting in KwaZulu-Natal has destroyed and disrupted vital transport, logistics, warehouse and distribution facilities in the province.
World News
n a break from Brexit, British Prime Minister Theresa May takes her crusade against technology giants to Davos. “No one wants to be known as ‘the terrorists’ platform’ or the first choice app for paedophiles,” May is expected to
Google has a new sister: parent company Alphabet has announced the formation of a new subsidiary company, called Chronicle, focused on cybersecurity. Chronicle was formed in 2016 inside X, Alphabet’s experimental lab that
Uber Technologies, whose losses have piled up in the quest for growth around the world, will be profitable within three years, said CEO Dara Khosrowshahi. Bending the company’s financial trajectory out of the red
Microsoft will start adding new videogames, including upcoming Halo and Gears of War, to a monthly subscription service it introduced last year in an effort to lure gamers from Sony and Nintendo. Starting with the 20 March
ECN Telecommunications is in talks with a number of large international mobile operators with a view to setting up a cellular carrier in SA that will compete…
Telkom is hoping the supreme court of appeal in Bloemfontein will throw it a lifeline next week. A court ruling in the telecommunications operator’s favour could mean…
