Vox Telecom shareholders are looking to sell the South African network provider for about R3-billion to take advantage of consolidation in the industry, according to two people familiar with the matter. Owners including
Browsing: Investec
Despite widespread calls that data prices must fall to broaden Internet access, government and business remain at loggerheads on the subject. Telecommunication has been earmarked as a sector that can promote
Naspers is asking Investec to withdraw an analyst report that it says contains errors and has damaged Africa’s biggest company by market value and its shareholders. In a 22 January report, Investec analysts said the Cape Town-based
In this episode of the TechCentral podcast, Duncan McLeod chats via Skype to wiGroup founder and CEO about the investment the mobile loyalty software company has attracted from Richard Branson’s Virgin Group and global
Richard Branson’s Virgin Group and retail solutions provider Smollan have acquired a stake in Cape Town-based mobile loyalty software company wiGroup, joining Investec Asset Management and Crossfin Technology Holdings
Dark Fibre Africa, the fibre telecommunications company in which JSE-listed Remgro holds a 50.9% stake, is in talks to buy fibre-to-the-home broadband infrastructure provider Vumatel, according to
In what its backers are calling “potentially a world first for a major grocery retailer”, shoppers were for a “limited time” able to pay for their groceries using bitcoin at a Pick n Pay retail store in Cape Town. In a
South Africa’s economy fell into a recession for the first time since 2009 after it contracted for a second straight quarter in the first three months of the year. GDP shrank an annualised 0,7% in the first quarter
MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely
A finding by the South African antitrust regulator that more than a dozen local and international banks colluded to rig foreign-currency trades will bolster government accusations that the nation’s biggest lenders