Too many odds, including government policy and pricing structure, weigh against Cell C, placing its future in jeopardy, analysts say.
Apple posts solid quarterly results, spurred by its iPhone 11 and iPhone 11 Pro smartphones, but most South Africans still can’t afford these devices.
Last year, 243 African tech start-ups raised a total of $2.02 billion in equity through 250 rounds, says Partech Africa.
The debt-laden telco misses December interest payment on a $184 million loan, as well as capital plus interest payments on loan facilities
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.
The mobile operator launches an investigation into Isizathu Projects after an individual reported the company was stealing batteries from MTN.
The firm leverages its technology partners to enable further growth into Africa, South America and potentially Asia.
The JSE-listed firm plans to offload 100% of its stake in payment processor KSNET to focus on its fintech and blockchain strategies.
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
Siphiwe Cele refutes reports that the company’s problems started when he refused to sell a controlling stake to Thato Abrahams.
Despite many success stories, there are also clear signs of a slowdown in the global e-commerce space, says the latest Brand Finance report.
The company tops Fortune magazine’s 2020 Most Admired Companies list.
The owner of Yekani claims his business is going under because he refused to sell a controlling stake to the husband of Stella Ndabeni-Abrahams, says Sunday Times.
The company opens new offices in Midrand and relocates its factory from Germiston to Durban.