Cell C’s largest shareholder, Blue Label Telecoms, disclosed on Thursday that a term sheet to recapitalise the mobile operator has finally been signed after protracted negotiations.
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Telkom has appointed Lunga Siyo as CEO of its consumer business with effect from 1 October 2021. The role had been filled until now by incoming group CEO Serame Taukobong.
Naspers’s high-voting A shares once again ensured that all of the resolutions at Wednesday’s AGM were passed, despite hefty opposition from the N shareholders.
MultiChoice Group said on Thursday that it doesn’t believe it has to pay R32.8-billion to Nigeria’s tax authority – being half of a disputed outstanding tax amount – and that a “substantially” lesser amount is owed.
Telecommunications and IT services provider Vox has launched a weather channel online in partnership with presenter-meteorologist Annette Botha.
Tim Cook is poised to hit pay dirt – again. This week, the Apple CEO will collect the 10th and final tranche of the pay deal he received a decade ago after he took over the top job from co-founder Steve Jobs.
The deposit of 50% of the sum was a condition that had to be fulfilled by Multichoice Nigeria before a tribunal could hear a full appeal on the matter, the Nigerian tax authority said.
Standard Bank’s mobile virtual network operator, or MVNO, has launched aggressively priced fixed-LTE solutions, with prices as low as R139 for 50GB of data for its top-tier banking clients.
JSE-listed Massmart, which owns Makro, Builders and other well-known retail brands, said on Wednesday that it has entered discussions to buy a controlling stake in e-commerce specialist OneCart.
Smartphone maker Xiaomi’s second quarter revenue rose a record 64% from a year earlier, it said on Wednesday, as it capitalised on US sanctions against rival Huawei Technologies.