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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EOH Holdings CEO Stephen van Coller said late on Friday that he is confident that the IT services group will not be blacklisted by government.
Shareholders of technology investor Prosus on Friday approved a deal with parent Naspers that will move most of the economic value of the intertwined companies to Amsterdam.
South Africa’s Covid-19 vaccination programme is next month expected to gain further momentum, with those aged between 35 and 49 years set to be vaccinated.
Nigeria’s revenue service said on Thursday it had instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian subsidiary.
Mr Price Group is a step closer to scooping up online retail kitchenware pioneer Yuppiechef after the Competition Commission on Thursday announced its backing of the acquisition.
Democratic Alliance MP and long-serving shadow deputy minister of communications Cameron Mackenzie has passed away, the party said in a statement on Thursday.
World News
Facebook CEO Mark Zuckerberg gave cryptocurrency enthusiasts a little optimism for the new year. Zuckerberg referenced cryptocurrencies in a posting Thursday in which he laid out how he will spend 2018 trying to correct persistent
China plans to limit power use by some bitcoin miners, people familiar with the matter said, a potential challenge to an industry whose energy-intensive computer networks enable transactions in the cryptocurrency. The People’s Bank
Apple’s offer to replace iPhone batteries cheaply may cut sales of new handsets by millions of units this year, according to Barclays analyst Mark Moskowitz. The Cupertino, California-based company recently said it intentionally
BlackBerry’s efforts to push into self-driving cars took a new step forward as the former smartphone maker signed a deal with Chinese Internet giant Baidu to work together on automotive software. Baidu will bundle BlackBerry’s QNX
Business Day editor Peter Bruce, in his column in Monday’s newspaper, had a remarkable go at First National Bank CEO Michael Jordaan. Jordaan had sent a note…
When we meet for coffee at Hyde Park, north of Johannesburg, former Maverick editor and publisher Branko Brkic can’t wait to open up his IBM ThinkPad to…
