Liquid Telecom backing new SA TV venture

By

Liquid Telecom, the pan-African fibre telecommunications firm controlled by Strive Masiyiwa’s Econet Group, has emerged as one of the principal backers of Hola Media, an aspiring South African

Guptas seek national TV licence

By

The Gupta-controlled Infinity Media Networks, which owns the 24-hour news channel ANN7 – broadcast on MultiChoice’s DStv pay-television platform – has applied to communications regulator

MTN Zakhele listing: what you need to know

By

MTN has dominated headlines for all the wrong reasons since news of the Nigerian fine hit the headlines last Monday. The company’s share price fell by more than 22% in the week that followed. There has been a lot of criticism directed at management for this mess as it appears to have

Naspers sells PriceCheck to founder

By

Naspers has sold African online price comparison service PriceCheck to Silvertree Internet Holdings and the company’s original founder, Kevin Tucker. The value of the deal has not been disclosed

Nuclear a must for SA: Eskom

By

There is an urgent need to build more nuclear power plants in South Africa, Eskom CEO Brian Molefe said on Wednesday. “We do not think it is possible to have an energy mix without nuclear

Parliament to probe MTN on Sim cards

By

The US$5,2bn fine levied against MTN in Nigeria for allegedly failing to disconnect 5,1m Sim cards in time for a regulatory deadline may result in a parliamentary probe in South Africa into whether

No load shedding until 2016, Eskom says

By

There likely will be no load shedding until at least May 2016, Eskom CEO Brian Molefe said on Wednesday. While maintenance on Eskom’s ageing fleet has been increased, the power utility

Eskom woes threaten renewables sector

By

The precarious state of Eskom’s finances threatens to hinder the growth of the renewable energy sector in South Africa, just when it is needed most, Steve Sawyer, secretary general of the Global Wind Energy Council said at the opening of the Windaba in Cape Town on Wednesday

Knott-Craig to step down as Project Isizwe CEO

By

Alan Knott-Craig will step down as CEO of the not-for-profit Wi-Fi company at the end of the year in order to focus his energies on his new business, HeroTel. Current Isizwe chief operating officer Zahir Khan will take the reins from Knott-Craig on 1 January

MTN Zakhele listing to proceed

By

MTN said on Tuesday after markets closed that it will proceed with the listing of MTN Zakhele, the telecommunications group’s broad-based black economic empowerment scheme, as planned this