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The rand weakened the most in five months as rolling power cuts, flood damage and signs of a Covid comeback added to worries about the economic outlook.

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South Africa’s telecommunications industry has “made too much money for too long” and, as competition intensifies and as government and regulatory scrutiny grows, operators are having to become more cost effective and

There’s a revolution under way, and this one’s not being agitated by the working class, although they certainly have their part to play. It is being waged by banks, cellphone providers and entrepreneurs hoping to capitalise on a mobile commercial market that is estimated will be worth more than US$800bn by 2016 and have more than 400m users