Vodacom Group has announced a planned R17.5bn black economic empowerment deal with Royal Bafokeng Holdings, Thebe Investment Corporation and existing BEE shareholder YeboYethu that will take its BEE ownership to about

On TalkCentral this week, Duncan McLeod and Regardt van der Berg discuss the big Vumatel sale to Remgro’s Community Investment Ventures Holdings. Also in the show, Telkom CEO Sipho Maseko’s open letter to South

Bitcoin extended losses for a third day, tumbling 12% on Sunday as South Korean cryptocurrency exchange Coinrail said there was a “cyber intrusion” in its system. The largest cryptocurrency declined to US$6 749 as of 2pm in New

Community Investment Ventures Holdings, a shareholder in Dark Fibre Africa, announced on Friday is has bought 34.9% of fibre-to-the-home pioneer Vumatel and plans to buy the remaining 65.1% soon, subject

The rand extended a slump after breaching R13/US$ for the first time since December as investors bet there’s little chance the nation’s central bank will follow emerging-market peers in raising interest rates