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Digital newcomer Discovery Bank nears 500K customers

The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.


Competition watchdog moves to redress SA’s ‘digital deficits’

The need for digital economy regulation is now all the more urgent, as COVID-19 moves more services online, says the Competition Commission.

Aug 26, 2020

Fresh storm brewing as Cell C employees blow the whistle

The employees are alleging a number of issues, which they place at the centre of the challenges facing the mobile operator.

Jul 14, 2020

Cell C reduces pricing on 30-day data bundles

The mobile carrier unveils a new data pricing structure for its 30-day bundles, which will see 2G cost R95.

Jun 29, 2020

Cell C faces off with angry union over retrenchments

The union says employees are cognisant of the company’s depressed financial position but they cannot be blamed for the liquidity challenges.

Jun 22, 2020

Cell C, labour unions ready to square off over jobs

Unions say they communicated their displeasure to Cell C management and hope to get an urgent meeting to engage on this matter.

Jun 19, 2020

Cell C to retrench 40% of semi-skilled workers

The financially-constrained telco says a “difficult decision” has been reached and it has initiated discussions with the affected parties.

May 26, 2020

Double blow as BCX loses retail pharmacy court battle

The Telkom subsidiary loses a High Court case against Vexall in a dispute over a computer program used by hundreds of retail pharmacies in SA.

May 22, 2020

Cell C cautiously optimistic on recapitalisation prospects

The recapitalisation is an important pillar of Cell C’s turnaround and it is being thorough to ensure all conditions are met, says CEO Douglas Craigie Stevenson.


Internet uptake lags despite falling broadband prices

The International Telecommunication Union finds prices for telecoms services continue to decline but do not translate into rapidly increasing Internet penetration rates.

May 21, 2020

Special purpose vehicle Gatsby to acquire Cell C assets

The Competition Commission recommends conditional approval of the proposed acquisition of certain Cell C assets by Gatsby SPV.

May 15, 2020

Standard Bank gets approval to acquire renewable energy projects

The competition watchdog gives a fund owned by the bank the green light to acquire Mulilo Prieska and De Aar projects in SA.

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