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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Paratus Group has become a Starlink distributor, though it won’t be able to sell the product in South Africa just yet.
Eskom will suspend load shedding at 5am on Saturday, and it will remain suspended for the rest of the long weekend.
When a Virgin Galactic flight soared into space on 8 September, there were two fossils of ancient prehuman relatives aboard.
The rand posted strong gains on Friday, as traders pushed out expectations for interest rate cuts.
An apparent standoff over licensing rules in South Africa means the country’s northern neighbour is set to get Starlink first.
The search for a new Eskom CEO has raised tensions between the board and minister Pravin Gordhan, sources said.
World News
US senator Josh Hawley has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater than $100-billion.
Microsoft is making a massive bet on health-care artificial intelligence. The software giant is set to buy Nuance Communications, tapping the company tied to the Siri voice technology.
China’s Huawei is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome US restrictions that have devastated its smartphone business.
The rally in tech shares has taken the number of people with fortunes of more than $100-billion to eight.
I’ve lost count of the number of times I’ve read that the “first Earth-like exoplanet” has been discovered. With nearly 2 000 exoplanets found to date, it is no wonder so many of them will resemble our planet in some way. But which
Independent cellular service provider Altech Autopage is likely to be closed down as soon as February next year, with its million or so subscribers sold to the network operators for about R1,5bn
