516 According to Forbes, there are 21 billionaires in the world who managed to make it onto the year’s list, and none of them are from Africa. It was rapper 50 Cent…
Category: Business
AOL is shutting down dial-up internet – Telkom beat it by years
448 America Online (AOL), famous for its aggressive marketing campaigns, will shut down its dial-up internet service at the end of next month. “AOL routinely evaluates its products and services and has…
Paratus to launch mobile network to challenge Namibia’s MTC
510 Paratus Group executive chairman Barney Harmse Paratus Group will in the coming weeks launch a mobile data network in Namibia that will challenge the dominant state-owned incumbent, MTC. Barney Harmse, group…
Competition Tribunal gives nod to Barloworld takeover
612 Subject to jobs and empowerment conditions. A management-led consortium and a Saudi Arabian investor group have secured the Competition Tribunal’s approval to acquire Barloworld, subject to public interest conditions on employment…
Starlink locked out: South Africa stalls while neighbours surge ahead
649 The author, Jessica Gbedemah When Elon Musk claimed earlier this year that Starlink was being blocked in South Africa because of black economic empowerment rules, it ignited a debate that went…
Eskom launches 291MW solar programme for big power users
476 Eskom CEO Dan Marokane Eskom is expanding its renewable energy programme with a new offtake arrangement that will make 291MW of solar PV capacity available to large power users. The state-owned…
The steady decimation of SA’s middle class over the last decade
508 The middle class in South Africa is under severe strain, easily the most stress in two decades. There are signs of this everywhere you look. Results from supermarket retailers show a…
MTN shares tumble on news of US probe
484 News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit…
Here’s what defines a worthy internship
420 Companies must recognise that interns cannot be used as role fillers. Most companies have integrated internship programmes into their strategies to find graduates with no experience to mould into the perfect…
MTN South Africa cuts revenue outlook as competition bites
599 MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest…