The allocation of spectrum is among the structural reforms government plans to accelerate, states the 2021 Medium-Term Budget Policy Statement.
National Treasury data shows the communications sector is among those that recorded gains during the first half of the year.
The pay-TV giant says it has achieved its best organic revenue growth since 2016 and successfully absorbed additional content costs.
The 2021 Medium-Term Budget Policy Statement shows South Africa’s e-visa system will be rolled out to 15 countries by March 2022.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
South Africa’s government wants to accelerate the transition to renewable energy sources, says finance minister Enoch Godongwana.
DataVisor’s technology enables the detection of previously unknown fraud patterns and continuously self-adapts to the rapidly changing fraud landscape.
The telco says in addition to its track record of revenue growth, Vodafone Egypt generates attractive margins and strong free cash flow.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The telco will now hold a co-controlling 30% equity in a newly-formed fibre entity and has the option to acquire an additional 10% stake.
MagicOrange expands its global footprint with the acquisition of its first Asia Pacific customer, New Zealand’s Hamilton City Council.
The female-led African venture capital fund will focus on post-seed investments, where there is a major gap in the South African funding landscape.
President Emmerson Mnangagwa’s administration is consulting on crypto-currency mechanisms to ease payments and currency woes.
The deal will see the benefits of buy-now-pay-later offered to small and medium enterprises, which the companies say will help them to increase revenue.