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South Africa’s fastest mobile operators and ISPs

20 Jan 2022 /  Duncan McLeod
MTN and Cell C top and tail the rankings with scores of 65.21 and 22 respectively – but it's not always just about speed.
4

Striking workers remove Clover products from shop shelves

19 Jan 2022 /  Masego Mafata
The workers have been on strike since November last year.

Richemont records over 30% sales growth in three months to December

19 Jan 2022 /  Akhona Matshoba
Reporting a healthy cash position and exceeding pre-Covid-19 sales levels.

Electric minibus taxis to be trialled in SA

19 Jan 2022 /  Duncan McLeod
SA Taxi CEO Terry Kier said that any shift away from taxis that use fossil fuels will be a 'medium- to long-term project'.

Cyber risks rated top corporate concern: Allianz Risk Barometer

19 Jan 2022 /  Palesa Mofokeng
The growing reliance on digitalisation and technology doesn't make things any easier.

Tongaat gets shareholder go-ahead on rights issue

18 Jan 2022 /  Fifi Peters
‘It is too late in a sense because the shareholders are going to pay this price and they'll be diluted by 90%.’ Independent analyst Dave Woollam.
UPDATE

Tongaat Hulett secures shareholder approval for controversial rights offer

18 Jan 2022 /  Suren Naidoo
Following a heated extraordinary general meeting to vote on the matter.
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Vodacom shareholders green light R41bn Vodafone Egypt acquisition

18 Jan 2022 /  Akhona Matshoba
CEO says the move will play a significant role in transforming the telco into a tech company.

Investec to offer private bank clients solar-power financing

18 Jan 2022 /  Antony Sguazzin, Bloomberg
Bolstering its own green credentials and providing a power solution in a country regularly hit by electricity outages.

Retrenchments hit Dark Fibre Africa

18 Jan 2022 /  Duncan McLeod
CEO Andries Delport declined to say how many employees will be affected by the restructuring, saying exact numbers will be determined through the consultation process.

Old Mutual confident of legal win over Moyo

18 Jan 2022 /  Adriaan Kruger
Maintains the former CEO's investment company owes it R233m.

Coca-Cola launches new African sustainability platform, Jamii

17 Jan 2022 /  Akhona Matshoba
Focusing on key sustainability aspects such as water stewardship, waste management and economic empowerment on the continent.

Fledge Capital announces 25% investment in USN sports nutrition brand

17 Jan 2022 /  Palesa Mofokeng  
Adds to its R2.3bn investment portfolio.
2

How much Capitec’s departing CFO’s shares are worth

17 Jan 2022 /  Moneyweb
André du Plessis leaves with quite a tidy stake in the bank …

Alibaba’s grocery chain Freshippo considers funding at $10bn value

15 Jan 2022 /  Bloomberg News
Deliberations are ongoing and there’s no certainty they will lead to any transaction.
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