Jacques du Toit steps down after more than a decade in charge, as Vox and Frogfoot close in on their R14.4-billion funding deal.
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Four import-export licences are out, but the electricity regulator’s import and export rules are not.
He will be the distributor’s third CEO since mid-2025, after Emile Burger left in July following just 14 months in charge.
Telkom says Icasa’s equity rules go beyond the B-BBEE Act and may have deterred network investment.
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Jeff Bezos is on a selling spree. Stock disposals by Amazon.com’s founder and CEO over the past week have reached 1.7 million shares, or $3.45-billion.
Vodafone Group will hand over management of its Ghana unit to the UK carrier’s separately listed South African division in April, the latest step to bring the company’s operations on the continent under one roof.
Since their peak in 2016, shares in EOH – which describes itself as Africa’s largest technology service provider – have plunged by an eye-watering 97%. They have lost more than 50% in the value since 1 January alone.
South African Airways cut flights to nine international cities and all domestic services except Johannesburg to Cape Town as the embattled state-owned carrier scales back to stay in business.
Proposals to reorganise the R454-billion owed by Eskom are days away from completion, according to an official who’s overseen their formulation.
South African shares may have become too cheap for investors to ignore and Old Mutual Investment Group is among money managers seeing an increasing number of attractively valued shares.
