Telkom is moving to shake up the broadband market in South Africa and arrest the decline in the number of fixed lines in service by slashing prices, doubling speeds, doing away with separate telephone line rentals
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African Rainbow Capital, the black-owned investment company chaired by billionaire Patrice Motsepe, has acquired a 20% stake in 4G/LTE operator Rain (formerly Wireless Business Solutions). The value of the deal
It’s Friday, so it’s podcast time. On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about MTN shares plunging on a disappointing earnings update. Also this week, the curious case of EOH’s gyrating
Dimension Data will announce a new black economic empowerment deal by no later than the end of October, the group’s Middle East and Africa CEO, Grant Bodley, told TechCentral on Thursday. The new transaction
A surge in Amazon.com shares on Thursday in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person. Shares of the online retailer
EOH, whose share price gyrated wildly on Thursday, has moved to calm jitters among investors. The company issued a statement to “stakeholders” saying the company remains “strong, with a great leadership team
Well-known IT sector investor Andile Ngcaba has sold his stake in Dimension Data and has left the IT services group, where…
People forget that Telkom CEO Sipho Maseko left Vodacom in 2012 under rather strange circumstances. I won’t bore you with the details. But what he has achieved at Telkom since his appointment in April 2013 has
MTN said on Thursday that it expects to have swung back into a profitable position in the first six months, with headline earnings per share of between R2.10 and R2.30, compared to a headline loss a year ago
Facebook investors are salivating over the revenue potential for the company’s chat businesses, Messenger and WhatsApp, after CEO Mark Zuckerberg said he’d like to move “a little faster” to make money from