The operator is ripe for a buyout as it faces a ratings downgrade unless it finds R2?billion to pay its debt in the next month.
The operator's shares closed 1.06% higher yesterday, despite an ongoing strike, giving it a market capitalisation of R401.8?billion.
Economic crime is causing organisations in both the public and private sector substantial financial losses, says the CGF Research Institute.
Cell C needs to find funding in the next month to settle R2?billion in debt, says the ratings agency.
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 company could go it alone in the South American country as it exits a disappointing partnership.
Although Huge Group posts flat revenue, it is showing improved operational margins.
The operator expects stability to dominate the remainder of 2015, which has so far seen competition and regulatory challenges.?
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 operator takes strain in Nigeria and South Africa as two of its biggest markets face turmoil.
Reunert's six-month financial results were boosted by the disposal of Nashua Mobile and the sale of the division's subscriber base.
Mobile termination rates cost Vodacom R2?billion on its top line, but the company says the worst is now behind it.
The tech and multimedia unit looks to buy, sell and partner to boost its growth potential.
The dual-listed company makes good on its full-year revenue forecast of $6.4?billion.