Econet Wireless unit Liquid Telecom has secured US$300m (about R4,3bn) to help fund expansion in Africa and its R6,5bn acquisition of Neotel. Standard Bank is arranging the syndicated loan to help fund the Neotel
Vodacom has reached an agreement to roam on Wireless Business Solutions’ LTE-Advanced network, according to a report. Vodacom will benefit from WBS’s LTE-A broadband network through a roaming deal
Industrial action could impact telecommunications company Telkom once again, the Communications Workers Union has threatened. In September, the CWU suspended strike against the telecoms
ANC chief whip Jackson Mthembu has filed a defamation suit against SABC executive Hlaudi Motsoeneng, demanding R1m for making “malicious and defamatory” remarks about him
The department of energy will in the next few days unveil South Africa’s new integrated energy plan, minister in the presidency Jeff Radebe said on Thursday. Briefing the media on the outcomes of a cabinet meeting
A political firestorm over an aborted attempt to charge finance minister Pravin Gordhan with fraud has ignited a power struggle between the head of a special police unit that carried out the investigation and the
Online audio distribution platform iono.fm has raised R2,5m in funding from a Clifftop Colony-led consortium made up of South African and international angel investors, the company said on Thursday. Iono.fm provides a
Vox is cutting the retail prices of its “Fat Pipe” home DSL plans to below R1/GB, effective immediately. The price decrease will apply for all new online sales, across its Fat Pipe DSL product range. Existing Fat Pipe customers
“It costs more to get data to the coast than it does to get it the rest of the way to Europe.” Since the arrival of high-capacity undersea fibre-optic cables to African shores in 2009, I have heard this complaint
Telkom’s mobile business is finally profitable (and sustainable). Since its launch in 2010 (as 8ta), its cumulative losses total R10bn. In those six financial years (to 31 March 2016), it generated R12,9bn in