The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market.
Top News
Strong growth in Egypt and the DRC offset weak South African prepaid performance to lift Vodacom’s quarterly revenue.
Xneelo has begun construction on a second data centre at Samrand in Gauteng.
A partnership between four financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand.
More News
Tanzania charged five employees of Vodacom Group’s local unit, including MD Hisham Hendi, with allegedly depriving the government of more than 11-billion shillings (R68-million) in revenue.
WhatsApp is giving users more control over who can add them into group chats in a bid to prevent unwanted invitations.
IHS Holding plans to enter new markets in the Middle East and Southeast Asia to bulk up ahead of a potential attempt to sell shares in either New York or London.
In a judgment that has significant consequences for the telecommunications industry and homeowners, the supreme court has overturned a lower court’s judgment, in favour of Telkom, ruling that Vodacom is entitled to access its rival’s ducts.
Liquid Telecom has concluded a transaction with CDC Group, which will see CDC become an 8% shareholder in for an investment of $180-million.
The final policy direction from government to communications regulator Icasa on spectrum allocation will be issued by end of April 2019, according to communications minister Stella Ndabeni-Abrahams.
