Christmas has come early for MTN Group. The telecommunications operator’s shares are likely to soar when markets reopen on Thursday in Johannesburg after it announced it has settled a multibillion-dollar dispute in Nigeria.
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Liquid Telecom South Africa plans to spend billions of rand building a national 4G/LTE network in South Africa, and it will offer wholesale roaming services to other operators from early 2019, it said on Friday.
Vodacom and the Economic Freedom Fighters have issued a terse joint statement after alleged supporters of the radical-left political party were involved in trashing various cellular stores around the country.
Eskom is locked into a permanent loss situation and revenue is structurally limited. Expenses have ballooned due to inefficiencies, and electricity tariffs are not cost-reflective.
IBM CEO Ginni Rometty has joined a growing chorus of tech executives lambasting Web platforms like Google and Facebook over their collection of user data and urged regulation of them.
Apple is poised for another setback after US President Donald Trump suggested that 10% tariffs could be placed on mobile phones, like the iPhone, and laptops made in China.
Perhaps the only real surprise in yesterday’s public unveiling of Discovery Bank was the lack of any pricing information.
The SABC board and senior executives have told MPs that they have begun a process to consult labour unions over its intention to retrench permanent staffers and freelancers.
Volkswagen plans to add a subcompact crossover costing about €18 000 (R290 000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla.
MTN Group is close to securing a deal with Nigeria’s central bank over an order to repay $8.1-billion it is alleged to have illegally taken out of the country, according to a person familiar with the matter.