Jacques du Toit steps down after more than a decade in charge, as Vox and Frogfoot close in on their R14.4-billion funding deal.
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Four import-export licences are out, but the electricity regulator’s import and export rules are not.
He will be the distributor’s third CEO since mid-2025, after Emile Burger left in July following just 14 months in charge.
Telkom says Icasa’s equity rules go beyond the B-BBEE Act and may have deterred network investment.
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Mercedes-Benz South Africa said CEO-designate Abey Kgotle has resigned for personal reasons.
The Globba platform lets customers send instant, affordable cross-border payments to 120 destinations.
Vodacom Group CEO Shameel Joosub has called for a “more sophisticated” Sim card registration system for South Africa.
MultiChoice Group, now owned by Canal+, is ramping up its turnaround strategy in an effort to claw back market share.
The Competition Commission has alleged that the JSE’s conduct has hampered the ability of rival exchange A2X to compete.
Teraco has completed a major expansion of its CT2 hyperscale data centre in Cape Town.
World News
Apple has introduced new MacBook Pro and iMac computers and three new chips to power them.
Meta Platforms is offering users in Europe a subscription plan to use Facebook and Instagram without ads.
Google CEO Sundar Pichai has criticised Microsoft’s web browser in a once-in-a-generation antitrust fight.
Vodafone Group is close to selling a stake of at least 50% in its Spanish business to Zegona Communications.
The tech bubble is popping, but not in the way anyone expected. After years of fretting that free-spending start-ups with unrealistic valuations would bring down the start-up economy on its own, a global pandemic is doing it in instead.
Faced with the biggest challenge of any post-apartheid South African leader, President Cyril Ramaphosa has also been given a rare opportunity to push through the painful reforms the economy needs.
