Stanlib Asset Management has invested R2.4-billion in the Khudu Pitje family-controlled company to accelerate the roll-out of broadband across the country.
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Companies and customers are being forced to explore new ways to do business, and ironically they may discover that these options are better.
The high cost of broadband Internet access, low Internet penetration and slow Internet connectivity is holding South Africa back, according to Stanlib chief economist Kevin Lings. In a research note released this week, Lings says several global studies have found compelling links