Econet and subsea cable operator Seacom are courting Neotel with the view to a potential acquisition, it was reported on Tuesday. The news comes after Vodacom was forced to walk away from its R7bn plan to buy Neotel
First National Bank’s mobile virtual network operator, FNB Connect, has announced it is zero-rating its customers’ WhatsApp data traffic. It’s the second operator in South Africa, after Cell C, to introduce zero-rated WhatsApp. All data
The funds that invest money with the Public Investment Corp (PIC) lost more than R100bn when President Jacob Zuma fired former finance minister Nhlanhla Nene on 9 December 2015, said Daniel Matjila, CEO of the organisation
Moody’s Investors Service has affirmed Eskom’s credit rating with a negative outlook, following the affirmation of the country’s sovereign credit rating. The power utility was placed on review for a potential downgrade
The private sector has set aside R1,5bn to help small and medium enterprises survive the tough economic climate. The announcement was made CEO of Discovery Adrian Gore during a briefing at the Union Buildings where government, labour
Despite the fact that South Africa’s Copyright Act was promulgated nearly 40 years ago, there are relatively few instances in which South African courts have been called upon to interpret the provisions of the act. Judgment in the recent Moneyweb
Starting next month, doctors and nurses in remote areas of Rwanda will be able to order blood and emergency medicine via a text message. Part of a new breed, designed to save lives, the drone will fly to the clinic using GPS
Vodacom South Africa has announced it is pulling the plug on its struggling mobile payments platform M-Pesa. Despite the enormous success of M-Pesa in markets such
Telkom is expected to take a big hit to earnings as the result of staff reduction costs, with headline earnings per share set to fall by between 40% and 50% for the year ended 31 March 2016. Basic earnings per share are expected to
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