Time Warner has agreed to be acquired by AT&T in a stock and cash transaction that values the entertainment conglomerate at US$86bn, according to a person familiar with the negotiations. Investors will get up to $110/share
South Africa’s largest banks backed finance minster Pravin Gordhan’s stance that he has no power to stop them from closing the accounts of a company controlled by friends of President Jacob Zuma. FirstRand, Standard Bank, Barclays
In the latest episode of South Africa’s premier technology podcast, your hosts Duncan McLeod and Regardt van der Berg chat about Vumatel’s acquisition of Fibrehoods. Also this week, they look at Cell C’s financial results
MTN Group, responding in detail to allegations that the wireless carrier illegally moved more than US$14bn out of Nigeria, said central bank approvals were obtained before any dividends were issued. “No dividends were declared
Crime fighters in Diepsloot have a new weapon in their arsenal in the form of technologies to ensure better crime reporting and faster response times. Police on Wednesday announced a project with security company
Airports Company South Africa (Acsa) has thrown its weight behind global calls for the Samsung Galaxy Note7 to be banned from flights. Jason Tshabalala, group manager for security at Acsa, urged passengers
Vodacom has introduced a technology on its network called dual-carrier high-speed uplink packet access, or DC-HSUPA, that it said will speed up data uploads for consumers on 3G. The technology is an evolution of high-speed
R39,5bn. That’s the amount South Africans spent on cellphone contracts in 2015. This analysis of the market is possible for the first time after the publication of a transaction circular by Blue Label Telecoms, which detailed
Microsoft’s first quarter sales and earnings topped analysts’ estimates, buoyed by growing demand for cloud-based software and services. Profit excluding certain items was US$0,76/share on adjusted sales of $22,3bn
MTN Group shares slumped to a six-year low after a Nigerian senator claimed the wireless carrier may have illegally moved more than the previously estimated US$14bn out of the country, citing early findings