Electronic ride-hailing platform Uber announced on Tuesday that Kagiso Khaole would be taking over as its general manager in the sub-Saharan African region. Khaole takes over from Frans Heimstra, who …
Southern Africa
- BusinessSouthern AfricaTransportation & LogisiticsUBER
Uber and Bolt drivers started a strike in Cape Town, demanding lower commission charges and higher rates for drivers. The strike started on Wednesday and is set to continue through …
- BusinessSouthern AfricaTelecommunications
Snapchat+ to add four new features, hits 1 million subscribers in less than two months
Snapchat+ Snapchat’s Premium subscription which was launched in June 2022 revealed that it has reached one million subscribers in less than two months later. The subscription costs is $3.99 (R65.58) …
- EconomyEnergySouthern Africa
Big strike in South Africa Petrol as prices and load-shedding witnesses increase
The biggest labor union federation in South Africa will stage a national strike on 24 August to protest against the rising cost of fuel and food and continuing power cuts. …
- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
Rain withdraws Telkom merger statement, says to submit a formal proposal
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 …
Pick n Pay has officially announced its “middle market” retail chain, as its store rollout gains momentum. Pick n Pay QualiSave, which was provisionally named Pick n Pay Red when …
- BusinessSouthern AfricaTechnology
French pay-TV giant raises speculations of a new deal with Multichoice
French media company Canal+ continues to increase its stake in MultiChoice by buying shares on the open market, raising speculation that a deal may be coming. Canal+ is the pay-TV …
The Spur Corporation has managed to achieve a strong performance for the year, despite the impact of tough economic conditions on consumers. In its trading update for the year ended …
Despite investing heavily in growing its mobile subscriber base, Telkom has been losing market share against Vodacom and MTN over the last five years. In the nineties and early 2000s, …
Absa reported its “strongest half yet” in the six months to June 2022. The bank, which has been trying to claw back market share it lost under Barclays’ rule, posted …