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From 1 April, it will cost residential consumers 5,3% more per month to lease a phone line from Telkom. Line rental will increase from R189 to R199/month on that date. Meanwhile, a residential telephone line installation rises by

Telkom plans to break out its telecommunications towers and real estate assets into a separate unit that may then be listed on a stock market, according to two people familiar with the matter. The new entity would be run by a new, property-focused

Former MTN South Africa CEO Zunaid Bulbulia has been appointed as chief financial officer of Huge Group with immediate effect. Bulbulia, who joined Huge Group in January 2016 as a nonexecutive director, is also

The rand erased its advance to become the worst performer in emerging markets after President Jacob Zuma’s order to abort an international roadshow served as a wake-up call to the country’s political risks. The currency reversed

President Jacob Zuma has ordered finance minister Pravin Gordhan to abort a week-long roadshow meeting with investors and rating companies in London and the US, heightening concern that he’s preparing a cabinet

Naspers-owned ShowMax and mobile operator Vodacom have partnered to offer “free” data for watching shows on the video-on-demand platform. Effective immediately, ShowMax is offering three months of data, adding

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