Rain Data-only network provider withdrew its media announcement of a plan to merge with Telkom after the move was condemned by the Takeover Regulation Panel (TRP) as unlawful. On Thursday …
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Binance hires South African Country boss
Binance has hired former HSBC South Africa global banking head Hannes Wessels to lead its South African operations. Wessels has been at HSBC for 22 years, serving in senior executive …
- Mobile Telecommunications Network (MTN)Southern AfricaTechnologyTelecommunications
Rain request revision of Telkom bid, proposes companies be merged
Rain has formally requested to present the Telkom board with a proposal to merge the two companies. “Although the terms of such a transaction such as valuation and structure would …
Amazon is advertising over 300 jobs in South Africa, including two positions that indicate that its plans to launch a marketplace in the country could come to fruition. The international …
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Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
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Accelerating Digital Transformation of SMEs in Africa through Marketing Technology
Collins Oforgu, CEO of Evaluate Media, Nigeria’s leading Marketing Technology company, writes about accelerating digital transformation through Martech, detailing the peculiarities of the African market, viable opportunities for small-medium scale …
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Multichoice’s business faces increased competition against Netflix in South Africa.
MultiChoice’s South African business is facing headwinds with increased competition, declining subscriber growth, and an assault on its exclusive sports rights. To appreciate MultiChoice’s battle in South Africa, you have …
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Access Bank Ghana posts 43% growth in Profit Before Tax
Access Bank (Ghana) Plc, one of Ghana’s largest retail banks, has posted a growth of 43 percent in its Profit Before Tax (PBT) as compared to the same period in …
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Ghana Exim Bank Launches raw material development project
The Ghana Exim Bank has launched the raw material development project aimed at addressing raw material shortages among companies it is financing. According to the bank, most of the factories …
- AfricaBusinessMobile Telecommunications Network (MTN)NewsNigeriaTechnologyTelecommunicationsWestern Africa
MTN Nigeria launches home broadband services
MTN Nigeria Communications Plc has launched Home Broadband services to accelerate broadband penetration in Nigeria. With this launch, the Federal Government of Nigeria is a step closer to achieving its plan of …