162 MTN Group CEO Ralph Mupita MTN Group has agreed to acquire the shares in IHS Towers that it does not already own, in a deal that would see Africa’s largest mobile…
Category: Business
More drama in Warner Bros tug of war
157 Image: Reuters Warner Bros Discovery has rejected Paramount Skydance’s latest US$30/share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a…
Woolworths promises no jobs are at risk as it tests self-service till
160 Grocery retailers in South Africa are testing self-service checkout tills, signalling a shift toward automation that could reshape operations and customer experience. Woolworths is the latest to pilot a self-service checkout…
Icasa gears up for South Africa’s next big spectrum auction
159 Icasa CEO Tshiamo Maluleka-Disemelo Communications regulator Icasa expects to appoint a service provider, or providers, next month to run South Africa’s next major radio frequency spectrum auction. However, the regulator has…
Eskom unions spurn above-inflation wage offer
132 Two of South Africa’s biggest trade unions have rejected an improved 6% salary increase offer from state-owned power utility Eskom, their representatives said on Tuesday. Eskom has dragged on the economy…
SA firms turn to automated dispatch as crime perception soars
151 Six South African cities rank among the worst in the world for perceived crime. The problem is not that security companies fail to respond but rather how long it takes them…
Phasing out prime rate doesn’t mean lower loan repayments, but more transparency, says Sarb
139 The prime lending rate has been set 350 basis points above the repo rate since 2001. The South African Reserve Bank (Sarb) has tabled its proposal to remove the prime lending…
iOCO goes desert storming with Saudi Arabia cloud expansion
126 Richard Vester Johannesburg-listed technology services group iOCO has expanded its operations in Saudi Arabia, growing its cloud practice in the region through a partnership with Amazon Web Services. The expansion is…
Blu Label lands electricity trading licence from Nersa
131 Blu Label co-CEO Mark Levy BluEnergy Trading, a subsidiary of JSE-listed Blu Label Unlimited Group, has been granted a multi-year energy trading licence by energy regulator Nersa, allowing it to buy…
How the JSE All Share changed over three decades
185 Gold and platinum shares account for more than 25% of the JSE’s benchmark index, which adds a ‘significant amount of risk’ to the bourse. No index globally is static. Indices change…