A group of investors led by Harith General Partners has agreed to buy out a fund that owns a stake in Vumatel parent CIVH.
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CIVH, the parent of Vumatel and Dark Fibre Africa, has reported a 97% plunge in headline earnings.
Vodacom Group is planning to cut jobs in South Africa, its biggest market, to help reduce costs.
Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.
The JSE is slowly turning the tide from a wave of delistings to companies once again considering initial public offerings.
Over the past four years, LockBit has been involved in thousands of ransomware attacks on victims around the world.
South Africa is facing the prospect of a breakdown in the water supply to its industrial heartland and most populated region.
World News
The Bank of Mauritius said plans to launch a central bank digital currency are making strides.
The new features include bots that create photo-realistic images and smart glasses that answer questions.
US financial firms say the proposed new rules are too vague and put the onus of compliance on investors.
It’s tricky to imagine a greater clash of cultures. Yet Microsoft’s gaming chief felt buying Nintendo was a good idea.
Donald Trump’s WeChat ban targets a celebrated Chinese innovation at the heart of the world’s largest mobile gaming and social media empire, threatening one of the more eye-catching stock rallies of 2020.
Let’s be blunt. It makes no sense for Microsoft to buy TikTok. Even founder Bill Gates, who no longer has an active role, sees TikTok as a “poisoned chalice”. By Tim Culpan.