MTN Nigeria has reported a dramatic reversal in fortunes, swinging to a profit after tax of ₦1.1-trillion.
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South African tech retailers have warned of further price hikes as global chip shortages squeeze RAM, SSD and GPU supply.
Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa.
Brent crude jumped 10% to $80/barrel on Sunday as the US and Israeli strike on Iran sparked fears of $100 oil imminently.
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Government’s national integrated ICT policy white paper essentially amounts to the “nationalisation of spectrum in South Africa”, with “significant negative implications for current spectrum licence holders”, consulting firm Africa Analysis
Lawyers representing President Jacob Zuma urged the high court to halt the release of a report of the nation’s graft ombudsman into allegations that the Gupta family, who are friends with the president, exercised undue influence
Cell C has withdrawn a planned bond placement to help it reduce its high levels of debt, but the company remains confident it will raise sufficient funds through a planned restructuring to reduce its maximum
US intelligence whistleblower Edward Snowden believes that citizens need to push institutions for a right to encryption when communicating. Snowden was speaking via live stream to an audience at a briefing on privacy rights
The Venter family-controlled Altron group has made further progress in disposing of non-core assets, announcing on Tuesday the planned sale by subsidiary Powertech Industries of Powertech Battery Group to Trinitas Fund for R300m in cash
Telecommunications group MTN has a new chief financial officer. Ralph Mupita, the CEO of Old Mutual emerging markets, will take over as MTN’s CFO on 3 April 2017. Mupita’s appointment adds to a growing list of top executives
