Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …
Saccawu, The South African Commercial, Catering and Allied Workers Union said it is on the verge of striking at Makro after wage negotiations with the wholesale giant degenerated into a …
Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …
Over 40million sim cards have been registered in the country as at last Saturday, October 15 when the campaign to register all mobile phone SIM cards ended, bringing to a …
Amazon in it’ controversial R4.6 Billion development is experiencing a battle in Western Cape High Court over who can speak for a First Nations tribe. The development, at the confluence …
MTN Group Ltd.’s talks to buy South Africa’s Telkom SA SOC Ltd. have stalled following a rival deal proposal from another telecom company, people familiar with the matter said. Negotiations …
Vodacom will spend R340 million to expand its network in areas in the central regions of Free State and the Northern Cape, with a focus on upgrading and adding new …
Higher quality video, cloud gaming, virtual reality, and greater automation will push South African mobile networks to roll out 5G coverage in the next few years. That is according to …
AfroCentric, a diversified South African healthcare provider, expects that an acquisition by Sanlam will accelerate its expansion into fast-growing yet still underinsured continent. Sanlam, Africa’s biggest insurer, intends to buy …
Telecommunications companies in Nigeria; MTN Plc and Airtel Nigeria have increased prices for their internet data services by about 10 per cent. Both companies confirmed the increase on their separate …