Four more directors have quit the board of 4Sight Holdings, though the latest shake-up, which includes the appointment of seven new directors, may finally bring some stability to the troubled company.

Finance minister Tito Mboweni said on Wednesday that government will stop buying cellphones for public representatives and senior managers in the public service.

Long-serving Telkom executive Alphonzo Samuels will retire at the end of March 2020, the company said on Wednesday.

The cost of propping up South Africa’s debt-stricken state power utility is mounting, placing severe pressure on the national budget and exacerbating the risk it poses to the nation’s finances.

MTN Group shares fell in Johannesburg on Wednesday after it said subscribers in its key Nigerian unit grew by only 0.1% in the quarter ended 30 September and capital expenditure rose.

Samsung Electronics on Tuesday teased its next-generation Galaxy Fold design: a mini-clamshell phone that folds in from top to bottom, rather than the sides.