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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Nedbank plans to shift to a “hybrid workforce model” with a significant percentage of the bank’s employees not working in the group’s offices daily.
Former President Jacob Zuma turned himself in to police on Wednesday to begin 15 months in jail for contempt of court.
The South African Radio Astronomy Observatory has announced that a group of 20 galaxies have been discovered with the MeerKAT telescope.
EOH Holdings could soon be blacklisted by from doing business with government – if the State IT Agency (Sita) gets its way. This follows the public sector corruption scandals uncovered at the group in recent years.
The Gauteng provincial government paid Microsoft $20.9-million, instead of R20.9-million, for software, costing the taxpayer millions of rand in exchange-rate losses, the Democratic Alliance has said.
Facebook and Liquid Intelligent Technologies are extending their reach in Africa by laying 2 000km of fibre in the Democratic Republic of Congo.
World News
Facilitators of bets on volatility could be among the biggest winners of the bitcoin bonanza. Shares in Plus500 soared on Wednesday after the online trading platform provider said demand for digital currency-linked products saw
Amazon.com’s shake-up of the retail landscape may not be over, according to one well-known technology analyst. The Internet giant will acquire Target, Loup Venture co-founder Gene Munster wrote in a report highlighting
Apple has apologised to customers for software changes that reduced the performance of older iPhones to prevent unexpected shutdowns, while saying the company hadn’t intentionally set out to shorten the life of the products
Huawei Technologies warned of its slowest revenue growth since 2013, despite making headway against Apple in global smartphones. Revenue at China’s biggest telecommunications gear maker probably rose 15% to 600bn yuan
Unless the Independent Communications Authority of SA (Icasa) is able to issue new regulations to manage SA’s switch from analogue to digital terrestrial television by mid-October, the…
Futurists have long prophesied the death of cash. Despite this, banknotes and coins still predominate in retail transactions. However, cash’s demise may finally be on the horizon…
