MTN mulling bond offering to raise funds

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MTN Group plans to gauge investor interest in a possible bond offering as Africa’s biggest mobile phone company by sales seeks funds to pay for dividends, capital expenditure and a record 330bn naira fine in Nigeria. The wireless operator

Tshwane Wi-Fi ‘unlikely’ to be halted

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Project Isizwe, the not-for-profit company behind TshWiFi, Tshwane’s free public Wi-Fi initiative, is confident the project will continue under the city’s new, Democratic Alliance-led administration, despite a planned mayoral review. Isizwe

DStv grows streaming offering

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MultiChoice’s Internet streaming platform DStv Now now has over 60 video entertainment channels, the pay-television operator said on Wednesday. The platform has added 17 channels, namely E! Entertainment, Vuzu Amp, Vuzu

MTN, MMI in micro insurance tie-up

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MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low

Free mobile calls? Don’t laugh it off

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Experts say the price of voice calls over mobile networks could become obsolete with the advent of 5G and so-called over-the-top (OTT) services like WhatsApp. This was the focus of a panel discussion at

Tshwane to review flagship Wi-Fi project

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The newly elected mayor of Tswhane, the Democratic Alliance’s Solly Msimanga, is to review the one of the key projects championed by his predecessor, former mayor Kgosientso Ramokgopa. Msimanga’s acting spokesman, Matthew Gerstner

MTN loses number-porting court battle

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MTN has been ordered by a Johannesburg court to allow customers to keep their phone numbers when leaving for South African telecommunications competitors. The policy of Africa’s biggest wireless operator by sales to

Is anyone actually running South Africa?

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It’s hard to know who’s leading South Africa. Last week, the presidency repudiated the mines minister when he caused a storm of protest from business leaders by saying the cabinet authorised a judicial

SA avoids a recession

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South Africa’s economy avoided a second recession in seven years as mining and factory output rebounded. GDP rose an annualised 3,3% in the second quarter, compared with a 1,2% contraction the previous three months, the statistics office said in a report released