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 diplomatic fallout between South Africa and the US couldn’t have come at a worse possible time.
The ANC risks losing almost a quarter of its support unless it brings the country’s worst power crisis to an end ahead of elections next year, a survey of voters has found.
IT industry leaders in South Africa have expressed serious concern about the collapse in the value of the rand this week.
The rand hit an all-time low against the dollar on Friday, extending steep losses from the previous day.
The president says all hands are on deck to ensure that the severity and frequency of load shedding is reduced in the near term.
Deputy President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s stifling economic growth and souring investor sentiment.
World News
Shares of Tesla ended down 3.1% on Monday, tapping the brakes on a rally that has boosted the electric car maker’s stock by over 40% in two weeks.
The UK is poised to ban Huawei Technologies from its next-generation mobile networks under a two-step plan to protect critical systems from security threats, a person familiar with the matter said.
Huawei Technologies on Monday reported a 13.1% rise in revenue in the first half of the year, showing slower growth as US officials continue to pressure the company’s suppliers and customers.
The US stock market has been on a tear for the past three months, and Big Tech gets much of the credit. But how can this possibly be when the coronavirus has inflicted so much damage?
The ANC and the opposition on Friday claimed the SABC judgment vindicated their clashing views on whether the public protector’s findings are binding – an issue which is central to the Nkandla controversy. The ANC said the order went a long way in clarifying interpretations pertaining to
There have been so many leaks, hacks and scares based on misuse or misappropriation of personal data that any thought that “big data” could provide benefits rather than only opportunities for harm may be fading in the public imagination. Beyond the humiliation of those involved, the main effect has been to deepen
