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TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering, according to sources.
Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.
Eskom has shortlisted three candidates for CEO to lead the loss-making utility out of its debt crisis, according to three people familiar with the process.
South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.
The labour court of South Africa blocked a planned strike by banking workers on Friday, ruling that labour unions failed to comply with rules allowing demonstrations.
Huawei Technologies founder Ren Zhengfei is ready to license his 5G networking technology only to one other company – and he wants that potential arch-rival to be American.
Bitcoin extended its five-day losing streak on Thursday and dropped below $8 000 for the first time since June as a growing list of concerns weighed on crypto assets.
Microsoft, Mastercard and the Hewlett Foundation are funding a new organisation that is planning to help dissidents and other vulnerable groups across the world defend against hackers.