Browsing: Pravin Gordhan

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Communications sector key to jobs plan

Government will use the development of communications infrastructure to boost employment in the country. Finance Minister Pravin Gordhan delivered the country’s medium-term budget on Wednesday, reining in public spending and promising that infrastructure development would be used to meet government’s employment targets.

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Gordhan okays Didata, NTT deal

Finance minister Pravin Gordhan and the SA Reserve Bank have both given the green light to the R24,4bn all-cash acquisition of SA IT group Dimension Data by Japan’s Nippon Telegraph and Telephone Corp (NTT). Didata said on Friday that both parties had approved the offer.

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Government rakes in billions from Telkom

The department of communications received R3,9bn in extraordinary proceeds from Telkom following the sale of its shares in Vodacom, according to the communications budget vote published…

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MTN, Bharti: national treasury reacts

MTN and Bharti decided to terminate merger talks, the national treasury said on Wednesday after talks between finance minister Pravin Gordhan, MTN chairman Cyril Ramaphosa and…

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