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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Capitec Connect is the latest to challenge South Africa’s mobile incumbents with a cut-price prepaid data plan.
Volvo has made Amazon Prime Video and YouTube available for streaming via its in-car entertainment systems.
Microsoft is narrowing the gap with Apple in the stock market as investors see better growth prospects at the software giant.
Chinese sovereign lending to Africa fell below $1-billion last year, the lowest level in nearly two decades.
Ervin Tu, newly appointed Naspers and Prosus interim CEO, has promised investors stability and investment discipline.
All outstanding Sassa grant payments to recipients that were impacted by the recent system failure have been made.
World News
Intel, the world’s largest chip maker, said it’s offering a revamped version of its Xeon range in time for what it sees as the “biggest build-out of technology infrastructure in human history”.
Clubhouse, the buzzy, audio-based social network, is in talks to raise funding from investors in a round valuing the business at about US$4-billion, according to people familiar with the matter.
Forbes’ annual world’s billionaires list includes a record-breaking 2 755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year.
Facebook shares hit a record on Monday, with the social media company taking out a peak that has stood since August as fears fade about the impact of new privacy policies from Apple.
Vodacom’s latest numbers must be deeply worrying for its principal rival, MTN. While the latter is facing immense turmoil – a R75bn fine in Nigeria, the departure of its long-serving group CEO and
From Cape Town to Thohoyandou, more than 3 000 public health facilites span South Africa. In rural areas, the distance between health facilities can span hundreds of kilometres often covered via poor roads. In places like these, the difference between a
