Cost cuts lifted Ebitda margin to 38.1% in the third quarter, but service revenue was flat and the prepaid base fell to 27.4 million.
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The alliance banking deal lets South Africa’s biggest retailer expand its financial services without becoming a bank.
MTN says it and Cell C have not agreed on certain terms of their commercial relationship.
Nvidia shares fell on a report that Jensen Huang had a relationship with an alleged Chinese intelligence asset.
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The Unemployment Insurance Fund has launched a zero-rated mobile app and USSD platform to speed up its services.
The state-owned utility has pushed load shedding back to stage 6 – where it will stay at until further notice.
Stellenbosch-based engineers have received a R200-million contract to produce 60 receivers for the SKA radio telescope.
South Africa will provide fiscal support to the motoring industry to help it transition to producing electric vehicles.
The price of diesel will rise by a record R2.84/l on Wednesday, raising the spectre of a fresh round of inflationary pressures.
National treasury has warned government departments that it is confronting significant budgetary challenges.
World News
Airbnb is aiming for a valuation of nearly $35-billion in what will be the last blockbuster US IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by Covid-19.
Facebook-backed cryptocurrency libra has been rebranded “diem” in a renewed effort to gain regulatory approval by stressing the project’s independence.
Zoom Video Communications warned on Monday its gross margins would remain under pressure going into 2021 as the surging number of free users makes it hard to offset a spike in costs.
The UK will ban the installation of 5G equipment from China’s Huawei Technologies by the end of next September.
The February 2013 bail hearing of Paralympian Oscar Pistorius was a defining moment for Twitter in South Africa. The event marked the biggest-ever spike in Twitter traffic in the country as users
Anything seemed possible at E3 this past week as the gaming industry gathered to showcase new games and technologies in Los Angeles. Events that seemed inconceivable just two weeks ago
