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.
More News
German energy consultants have completed a review of Eskom’s struggling coal-fired plants.
The Reserve Bank will keep interest rates steady at its 21 September meeting, economists say, with cuts to start next year.
National treasury has proposed a new fiscal anchor as part of measures to regain the country’s fiscal credibility.
Electricity outages remain at record levels despite Eskom burning through vast quantities of diesel to bolster output.
Low-Earth orbit satellites promise to connect every corner of the planet. But could they also threaten mobile operators?
Eskom may be forced to impose power cuts beyond stage 6 in the short term if demand isn’t curtailed.
World News
China’s Xiaomi plans to make electric vehicles using Great Wall Motor’s factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
US President Joe Biden on Thursday promised to outspend China on innovation and infrastructure to prevent it from overtaking the US to become the world’s most powerful country.
Twitter CEO Jack Dorsey tweeted his frustration with US lawmakers’ questions on the social media platform during a hearing about misinformation on Thursday.
Slack Technologies rolled out a new feature on Wednesday designed to build out its e-mail replacement service called Slack Connect, but had to backtrack almost immediately after backlash over its potential for abuse.
Recently, a New York Times article on Russian submarine activity near undersea communications cables dredged up Cold War politics and generated widespread recognition of the submerged systems we all depend upon. Not many people realise that undersea
It has been an eventful year in South Africa, characterised by power cuts, parliamentary confrontations about wasteful expenditure and student fee protests. There has, however, been an elephant in the room that has impacted all these issues but enjoyed surprisingly scarce attention

































