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.
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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.
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Deadly protests in South Africa are stretching the nation’s social fabric to breaking point, scarring an already weakened economy and exposing fault lines within the party that’s held power for more than a quarter of a century.
A wholesale open-access network in Mexico, designed to break the dominance of the incumbent telecommunications operator and once lauded by South Africa’s government, has gone bust.
The South African Revenue Service has made it more difficult for taxpayers to get approval on crypto arbitrage trades using their R10-million/year foreign investment allowance.
Panic buying across neighbourhoods in Gauteng has seen popular grocery delivery services such as Checkers Sixty60 and Bottles by Pick n Pay buckle under the load.
Eskom warned on Thursday that it is struggling to keep the lights on, potentially adding to South Africa’s misery after days of violent looting across KwaZulu-Natal and parts of Gauteng.
Riots that ensued after former President Jacob Zuma was jailed appeared to be easing following the deployment of additional soldiers to help the police restore stability, according to the government.
World News
Netflix surged in late trading after a blow-out quarter, vaulting past US$100bn in market value for the first time to put the video service on a lofty perch with the likes of Goldman Sachs Group and Qualcomm. The world’s largest online
fter months of tinkering, Amazon.com has finally deemed its cashier-free convenience store ready for business. Amazon Go, as the outpost is called, opened its doors to the public on Monday. The US store is outfitted with
Facebook acknowledged on Monday that social media can have a negative impact on democracies, and that the company has more work to do in order to ensure that the good outweighs the bad. “From the Arab Spring to robust elections around the
For more than two decades, Jeff Bezos has famously sacrificed profit for growth, persuading Wall Street that Amazon.com was best served pouring money into the logistical nuts and bolts that have turned his company into the
Google has launched its map service in SA, providing detailed map information, driving and walking directions, transport data, and a range of other services. Ahead of the…
Former Vodacom Group CEO Alan Knott-Craig’s biography, Second is Nothing, is a riveting — and sometimes explosive — account of the early days of cellular telecommunications in…
