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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The Electoral Commission has launched an online voter registration facility allowing new voters to register and existing voters to update or amend their registration from anywhere.
Microsoft will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.
Photos have emerged of the damage caused to IT distributor Mustek’s offices in Durban, which were torched by a gang of marauding criminals on Monday.
South African taxi drivers, private security companies and ordinary civilians are stepping up to protect their businesses and communities following days of rioting and looting.
Crowds looted shops and offices in South Africa on Wednesday, defying government calls to end a week of violence that has killed more than 70 people and wrecked hundreds of businesses.
Durban and Richards Bay and a rail line connecting Durban with Gauteng have been disrupted by days of violent protests, state logistics group Transnet said on Wednesday.
World News
Google and Tencent have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest corporations. The cross-licensing deal comes with an understanding that the search
Apple has said it will bring hundreds of billions of overseas dollars back to the US, pay about $38bn in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centres in the coming years. The iPhone
There’s a growing debate over how much power will be sucked up by the world’s growing ranks of cryptocurrency miners. Last week, Morgan Stanley analysts said miners of Bitcoin could use as much as 140 terawatt-hours of electricity
Ferrari will make a battery-powered supercar to challenge Tesla at the high end of the electric-auto market, CEO Sergio Marchionne said. The race-car maker, spun off from Fiat Chrysler Automobiles, has been expanding its line-up
International telecommunications is an expensive business. Maintaining the networks of hundreds of thousands of kilometres of undersea fibre-optic cables that span the planet is a daunting task…
Many innovation hubs have been proposed around the world, ostensibly modelling themselves on Silicon Valley. There have been successes, but most peter out. Silicon Cape, launched on…
