Industry body says the fiscus-first model is starving the very sector South Africa depends on for connectivity.
Top News
Prosus is selling a 5% Delivery Hero stake to Aspex Management to fulfil European Commission commitments.
The goodwill makes Vodacom’s balance sheet vulnerable to impairment if Maziv fails to deliver expected growth.
Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.
More News
Eskom has marked 300 consecutive days without load shedding, with plant outages down 53% year on year.
Prepaid woes and rising bad debts have dragged MTN South Africa’s earnings down, despite strong enterprise growth.
Meta may cut one in five workers as it pours billions into AI infrastructure and talent, three sources have said.
Shoprite has agreed to acquire a majority stake in R&A Cellular, targeting the informal retail sector.
Liquidation looms for the Post Office as its rescue practitioners warn government they intend to wind it up.
Communications minister Solly Malatsi has moved to unblock broadband roll-out with a new policy direction.
World News
Trump Mobile raises fresh concerns over ethics and blurred lines between business and presidential power.
Samsung Electronics plans to develop a hub for users to share health data directly with doctors in between visits.
Taiwan has added China’s Huawei and SMIC to an export control list that also includes the Taliban and al-Qaeda.
Even though Huawei Technologies’ AI chips are currently lagging US technology, they’re on the cusp of a tipping point.
