If you are paying e-tolls, you one of the few. Low payment rates by motorists resulted in revenue received by roads agency Sanral from e-tolls in Gauteng slumping 63% in the year to March.
Phone carriers have been at the heart of computer networks since their birth half a century ago. Now they’ve begun a tactical retreat.
A group of local banks have committed to provide temporary liquidity and extended the maturity of R1.2-billion of debt that was due to be repaid last month, Cell C said.
Promoted | Altron Bytes Document Solutions has debuted its VersaLink B600/B605 and B610/B615 printers and multi-function devices equipped with new features that save time and increase workplace productivity.
TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering, according to sources.
Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.
Eskom has shortlisted three candidates for CEO to lead the loss-making utility out of its debt crisis, according to three people familiar with the process.
South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.
The labour court of South Africa blocked a planned strike by banking workers on Friday, ruling that labour unions failed to comply with rules allowing demonstrations.