Vodacom Group hiked its interim dividend by 9.2% to R4.15/share (R3.80 previously) on strong headline earnings growth in the first half of its 2021 financial year and a dividend receipt from Kenya’s Safaricom.
Browsing: Competition Commission
Telkom CEO Sipho Maseko said on Tuesday that the company has briefed its lawyers to “consider and advise” on its available options given its deep unhappiness with Icasa’s invitation to apply for broadband spectrum.
Gijima, the IT services group founded by businessman Robert Gumede, has agreed to acquire the South African subsidiary of T-Systems, the IT services arm of German telecoms giant Deutsche Telekom.
Cell C has net debt, excluding leases, on its balance sheet (prior to a planned recapitalisation) of almost R10-billion, but it still wants to participate in South Africa’s upcoming spectrum auction.
View the latest contribution from TechCentral cartoonist Jerm.
The commission’s “Competition in the Digital Economy” paper says that South Africa doesn’t set up a regulatory framework, it could soon find itself trying to govern companies that have amassed huge power.
Telkom dropped a bombshell on South Africa’s telecommunications industry this week when it said it was approaching the Competition Tribunal to object to Vodacom’s roaming agreements with Rain. But why?
South Africa has proposed the radical relaxation of rules over foreign ownership in local broadcasters as well as the scrapping of restrictions that prevent cross-ownership of broadcasting services.
EOH Holdings said in an update to shareholders on Tuesday that it’s weathering the Covid-19 economic storm, with its financial performance remaining “resilient” in the quarter ended 30 April.
Free Market Foundation executive director Leon Louw joins Duncan McLeod on the podcast for a discussion on the Covid-19 lockdown – and why Louw thinks it’s a dreadful mistake.