Torrential rains knock SA economy
Weeks of rain in the north and east of the country will have an impact on infrastructure spend, construction revenues and even maize harvesting.
Telkom in talks with MTN on network sharing
A deal between the telecommunications giants could help reduce the cost of wireless business.
MTN full-year profit gains on rising subscribers and weaker rand
MTN’s full-year profit has risen 27% after the rand weakened and subscribers increased.
Vodacom revenue rises on sales outside South Africa
South Africa’s biggest mobile operator has seen sales increase by 11% over the quarter as non-South Africans increased their data spending.
Telkom CFO defends loan procedure, says superiors signed off
The granting of a R6-million loan to the now suspended Telkom executive was supported by both the chairperson and head of its remuneration committee.
Telkom ‘workers’ submit letter of fraud, employment grievances
A letter to the company secretary from a group of anonymous people claiming to be employees has urged Telkom to act on a series of allegations.
Suspended Telkom CFO to immediately repay R6-million loan
A loan extended to the suspended Telkom executive may have been in breach of the Companies Act, but the CFO says he followed the correct procedure.
CFR: Opposition to Adcock offer is to deter foreign buyers
The drawn-out battle for Adcock now sees CFR’s offer for Adcock now facing resistance from the PIC, which says the offer is not up to scratch.
Radisson Blu tells guests to leave for VIPs
In the run-up to Nelson Mandela’s memorial service, the luxury hotel has cancelled exisiting bookings in order to accomodate dignitaries.
Bidvest sues Adcock over CFR deal finance
A day after putting in an offer to acquire part of Adcock Ingram, Bidvest is taking the company to court over an "unlawful" guarantee.
