Telkom plans to break out its telecommunications towers and real estate assets into a separate unit that may then be listed on a stock market, according to two people familiar with the matter. The new entity would be run by a new, property-focused
Former MTN South Africa CEO Zunaid Bulbulia has been appointed as chief financial officer of Huge Group with immediate effect. Bulbulia, who joined Huge Group in January 2016 as a nonexecutive director, is also
The rand erased its advance to become the worst performer in emerging markets after President Jacob Zuma’s order to abort an international roadshow served as a wake-up call to the country’s political risks. The currency reversed
President Jacob Zuma has ordered finance minister Pravin Gordhan to abort a week-long roadshow meeting with investors and rating companies in London and the US, heightening concern that he’s preparing a cabinet
One year ago this week, Elon Musk took to a stage to unveil his most important vehicle yet: the US$35 000 Model 3. The electric five-seater accelerates as fast as the the best-selling luxury sport sedans in America
Naspers-owned ShowMax and mobile operator Vodacom have partnered to offer “free” data for watching shows on the video-on-demand platform. Effective immediately, ShowMax is offering three months of data, adding
Growth in the shipment of feature phones is outstripping smartphone shipment growth, according to new research. International Data Corp said on Monday that the continent’s smartphone market totalled 95,3m units in
It can be hard to write about the music of videogames while we are bathed in the projected glory of today’s high-definition, 4K, 60-frames-per-second photorealistic graphics. And given that in the roots of videogaming we find
Government’s direct and indirect stake in Telkom appears to have dropped to below 50% for the first time since it warehoused and then sold most of a stake to the Elephant Consortium and Wiphold in a 2005 black economic empowerment
President Jacob Zuma has appointed five members to the interim board of the SABC, with respected journalists among the people named at a crucial time for the financially troubled broadcaster. Zuma said in a statement on Sunday that