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.
In a marked break from rivals Vodacom and Telkom, MTN South Africa is dialling back airtime advances to its customers.
Households will not be able to choose who sells them electricity when South Africa’s competitive electricity market opens.
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The draft SABC Bill has drawn howls of condemnation from experts, who say it is merely a rehash of existing legislation.
FirstRand has announced big management changes, including a new CEO to replace Jacques Celliers at FNB.
Frogfoot has announced a pilot initiative aimed at providing uncapped prepaid internet in low-income communities.
Pricing for music streaming services in South Africa has been relatively flat for years. That’s starting to change.
Two of South Africa’s biggest municipalities owe Eskom a combined R4.7-billion.
MTN is spending up to R5-billion dealing with the negative impact of higher levels of load shedding on its network.
World News
Taiwan Semiconductor Manufacturing Co expects to be able to catch up with the “minimum requirement” of customer demand for car chips by the end of June, its chairman said.
Apple is set for another showdown with the European Union’s antitrust chief as she escalates an antitrust probe over its App Store.
Twitter has given a disappointing revenue forecast, a sign the social media service hasn’t fully capitalised on the digital advertising boom amid the pandemic.
Twitter temporarily suspended an Oracle executive from posting after he used the social network to publicise the e-mail address and Signal phone number of a journalist whose reporting he found objectionable.
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
Hollywood has broken two very different records this holiday season. Star Wars: The Force Awakens has become the first movie to reach US$1bn in gross sales in just 12 days. This beats the previous record set by Jurassic World, which had the added benefit
