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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Telkom shares touched R30 for the first time since April after its latest results showed it is making good headway in fibre broadband and data-led mobile services.
Absa says the average value of online shopping transactions is growing, while in physical stores the opposite is happening.
MultiChoice Group will rake in R1.2-billion in cash after the planned sale of its insurance business was approved.
Maziv chairman Pieter Uys has sharply criticised the Competition Tribunal’s decision to block Vodacom’s acquisition of a co-controlling stake in the company.
Fixed-wireless access through 5.5G, or 5G-Advanced, promises much faster speeds but demands more spectrum.
SpaceX is in early discussions to sell insider shares that could boost its valuation to around $255-billion.
World News
Twitter is considering charging for the coveted blue check mark verifying the identity of its account holder.
Overspending on Twitter was the easy part. Now Elon Musk must turn around a social media platform that he has spent months ridiculing.
Apple was alone among the world’s top five smartphone vendors to register growth in the third quarter.
Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares.
Facebook and Google are the biggest media owners in almost every market across the globe and they seem to be heading for world domination. But is that so bad? One of my favourite TV shows growing up
Netflix is making significant inroads in South Africa, disrupting pay-television behemoth MultiChoice by providing a cheaper, more convenient and non-linear way of watching TV content. The streaming content provider is drawing
