Vodacom’s Egyptian unit will co-invest through a joint venture with Elsewedy Electric and Cassava Technologies.
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Home-Connect and Afrihost charge the same prices and apply the same fair-use limits on Comsol’s new network.
Vodacom has since secured waivers from its lenders, but its appeal against the ruling has yet to be heard.
Vodacom South Africa’s prepaid revenue accelerated in the second quarter, and its margin hit its highest level since FY2023.
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PayPal Holdings joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the US digital payments company’s online wallets.
The SABC has told parliament that it simply cannot afford to pay Sentech’s “prohibitive” fees for broadcast signal distribution and that these fees must be cut in half with immediate effect.
Cell C has net debt, excluding leases, on its balance sheet (prior to a planned recapitalisation) of almost R10-billion, but it still wants to participate in South Africa’s upcoming spectrum auction.
Cell C has reported an interim net loss after tax for the six months to June 2020 of R7.5-billion, but said this was mainly the result of once-off costs and adjustments and that normalised earnings actually grew by 64%.
Netflix is showing more African-made content and working with telecommunications operators to make it easier for potential subscribers to make payments, a senior executive said on Tuesday.
South African retail giant Pick n Pay said on Tuesday that it is acquiring on-demand online grocery service Bottles.
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Satellite operator Inmarsat was founded 40 years ago to let ships communicate with land so rescuers could aid sailors. The maritime business, which still provides half of sales and operating profit, set it apart from rivals
Twitter is holding informal talks with several potential buyers after receiving interest from Salesforce.com, people familiar with the situation said. Twitter’s board met several weeks ago after hearing from Salesforce, said the
Yahoo said the personal information of at least 500m users was stolen in an attack on its accounts in 2014, exposing half of its roughly 1bn users ahead of Verizon Communications’ planned acquisition of the Web portal’s assets
Google sent invitations for an event in San Francisco on 4 October where the Web company is expected to introduce new smartphones and home automation hardware, along with other new product upgrades. The text of
