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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Communications minister Stella Ndabeni-Abrahams has appointed Basil Ford as administrator of Usaasa, the government agency charged with bridging the digital divide in South Africa.
Shares in the JSE-listed technology group plunged to levels last seen more than 10 years ago on Wednesday as investors continued to fret about its prospects.
Cell C has appointed two new non-executive directors, Sindi Zilwa and Mark Nelson-Smith, to its board, it said on Wednesday. The operator’s chief legal officer, Zahir Williams, is also joining the board.
Mobile World Congress, the annual technology event in Barcelona which attracts more than 100 000 visitors, will go ahead with extra medical precautions in place amid the coronavirus outbreak.
An Israeli cybersecurity firm said it believes a new strain of ransomware was created by Iran and has the ability to lock up or even delete industrial control systems.
Cell C has defaulted on the payment of interest on a $184-million loan, which was due in December 2019, along with interest and capital repayments related to bilateral loan facilities with various lenders.
