A planned sale of shares in Vodacom by the Public Investment Corp to black investors has been abandoned, according to two people familiar with the situation. The proposed sale by Africa’s biggest
South African President Jacob Zuma is facing renewed calls for his removal as senior leaders of the ANC, including two cabinet ministers, blamed him and his closest supporters for the party’s worst electoral
MTN has taken an R88m bath on the sale of its 50% stake in Internet service provider Afrihost, the telecommunications group revealed alongside its interim financial results for the six months to June
The Zimbabwean army is ready to deal with those using the Internet to destabilise the Southern African country, the state-owned Herald newspaper reported on Friday. Zimbabwe National Army commander
MTN Group will consider raising its full-year dividend above forecasts if business conditions improve after the settlement of a record fine in Nigeria led to the first-ever half-year loss at Africa’s biggest mobile phone
MTN South Africa has appointed former OpenView HD head Maxwell Nonge as chief digital officer. In the new role, Nonge will be responsible for driving the telecommunications operator’s expansion in the media space
South African President Jacob Zuma will face renewed pressure to quit after partial election results showed his ANC losing outright control of the capital, Pretoria, and Johannesburg in its worst electoral showing since
MTN Group has, with the help of “external assistance”, begun a “deep and fundamental strategic review” of its operations and processes to ensure it is operating “far more optimally given the pressure on voice
The number of subscribers on MTN South Africa’s network declined by almost 3% in the past year to 29,8m, parent MTN Group revealed in its interim financial results for the six months ended June 2016. The prepaid and
A series of public spats between South African cabinet ministers, state companies and departments are exposing divisions in the ruling party and risk spooking investors in an economy the central bank forecasts will record zero growth this year.