Norman Moyo, CEO of Econet Group-owned Distributed Power Africa, believes Africa can solve its power supply woes by unleashing the private sector in the same way as has happened in telecommunications.
Browsing: Econet Group
Exclusive | Econet Media racked up more than R1.8-billion in external liabilities and was unable to pay suppliers before it was placed into administration earlier this week, a document seen by TechCentral shows.
The decision to place Econet Media’s satellite television business into administration will not affect the planned launch of Kwese Free TV in South Africa, a top company executive has said.
Liquid Telecom has concluded a transaction with CDC Group, which will see CDC become an 8% shareholder in for an investment of $180-million.
The pan-African telecommunications group said on Monday it plans to invest $400-million in network infrastructure and data centres in Egypt following the completion of its “Cape to Cairo” link.
Liquid Telecom South Africa will embark on a retrenchment programme amid a major restructuring of the business, TechCentral can reveal.
Liquid Telecom, which recently concluded the R6.5bn acquisition of Johannesburg-headquartered Neotel, is raising US$700m (about R9bn) in long-term debt as it eyes further investment in network infrastructure in South Africa
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel’s data centres, wireless networks and fixed-line
Liquid Telecom, a unit of Econet Wireless Global, is considering a sale of shares on a stock market after completing the R6,5bn purchase of Neotel to create the largest broadband network in Africa. “A possible listing would be very likely,” CEO Nic Rudnick
Liquid Telecom’s R6,5bn acquisition of South African telecommunications operator Neotel is done. The parties finalised the deal on Friday morning. India’s Tata Communications, which controlled Neotel, along