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Nigerian tycoon eyes Telkom
Nigerian tycoon Mike Adenuga wants to buy fixed-line operator Telkom so he can merge his cellphone company Globacom with Telkom’s stake in Vodacom.
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PSL: The fattest cash cow in Africa?
The Premier Soccer League’s (PSL) newly announced R500-million sponsorship deal with Absa and the five-year R1,6-billion broadcast deal it struck with SuperSport International confirm South Africa as one of the richest football leagues in Africa and the developing world.