MTN’s network spending in South Africa fell 17.1% while Nigeria received nearly three times as much in capital investments.
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MTN Group faces a R3.9-billion write-down, cash it cannot move and a stake it cannot sell, just as Washington escalates.
New shareholders have taken up shares in Frogfoot, Vox and Hypa in a transaction valuing the businesses at R14.4-billion.
Households will not be able to choose who sells them electricity when South Africa’s competitive electricity market opens.
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Shoprite Holdings has completed a project to upgrade nearly 30 000 point-of-sale terminals across South Africa.
Qualcomm’s interest in pursuing an acquisition of Intel has cooled, according to people familiar with the matter.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.
MultiChoice will on Tuesday appear before the Competition Tribunal to appeal a finding that a 2013 channel distribution deal with the SABC constituted a “notifiable merger”.
No, it’s not one of the SABC’s channels: eMedia claims e.tv is South Africa’s most popular TV channel.
Attacq has earmarked R20-billion to further develop its flagship Waterfall City commercial and logistics hub.
World News
“I have too much work on my plate,” Elon Musk said by video link to a business conference on the sidelines of the G20 summit in Bali.
In the league of weak-sauce apologies, the one from cryptocurrency exchange boss Sam Bankman-Fried stands head and shoulders above the rest.
Crypto exchange FTX is to start US bankruptcy proceedings and CEO Sam Bankman-Fried is to step down after a week of high drama.
Sam Bankman-Fried is being investigated by the US Securities and Exchange Commission for potential violations of securities rules.
Facebook bestrides the Earth. It attracts nearly 1.5 billion users a day, commands a fifth of global online advertising revenue and has a market capitalisation that exceeds the GDP of many countries. But breaking it up is the wrong approach.
Clad in jeans and a gray sweatshirt, Amy Hood stands before a room of 140 Microsoft recruits. The feeling in the air is a bit like the first day of school, and new hires are taking selfies outside in front of a big Microsoft logo.
