National treasury wants to forge ahead with long-stalled plans to sell state assets to shore up the nation’s shaky finances despite opposition from other government departments and labour unions.
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Cell C has regularised its payments to MTN South Africa for network roaming and has coughed up almost R750-million between July and September.
Four more directors have quit the board of 4Sight Holdings, though the latest shake-up, which includes the appointment of seven new directors, may finally bring some stability to the troubled company.
Finance minister Tito Mboweni said on Wednesday that government will stop buying cellphones for public representatives and senior managers in the public service.
The cost of propping up South Africa’s debt-stricken state power utility is mounting, placing severe pressure on the national budget and exacerbating the risk it poses to the nation’s finances.
MTN Group shares fell in Johannesburg on Wednesday after it said subscribers in its key Nigerian unit grew by only 0.1% in the quarter ended 30 September and capital expenditure rose.
Samsung Electronics on Tuesday teased its next-generation Galaxy Fold design: a mini-clamshell phone that folds in from top to bottom, rather than the sides.
Takeaway.com and Prosus haven’t started throwing egg rolls at each other, but they aren’t far off. With shareholders having to choose between two very different deals, the battle is turning ugly.
A new technology promises to make your Web browser more private than ever, keeping your Internet activity from prying eyes. But some argue your data won’t actually be all that private.
The rand plummeted and bonds extended declines as investors faced the stark reality of what bailouts for the embattled state power utility will cost South Africa.