Vodacom commits R500m to WCape network

Vodacom commits R500m to WCape network

Vodacom invests R500 million to improve digital inclusion in the Western Cape. Mobile telephony group Vodacom says it will spend more than R500 million in network infrastructure and digital inclusion in the Western Cape this financial year. In a statement, the JSE-listed group says it will focus on network expansion, modernisation and upgrades, energy-resilience projects…

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Africa’s Rating Agency Must Be Built On Reliable Data

Africa’s Rating Agency Must Be Built On Reliable Data

The launch of the Africa Credit Rating Agency (AfCRA) is a welcome step towards strengthening the continent’s voice in how its economies are assessed. Its mandate to draw on African data, expertise and economic realities deserves support. Credit ratings have consequences far beyond financial markets. They influence investors’ decisions, access to borrowing and the interest…

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Seacom CEO Alpheus Mangale on special leave pending probe

Seacom CEO Alpheus Mangale on special leave pending probe

Seacom CEO Alpheus Mangale Seacom’s board has placed CEO Alpheus Mangale on special leave and appointed an independent third party to investigate allegations it received about how the company was being run, chairman Pieter Uys told TechCentral on Wednesday. Chief financial officer Charl Slabbert is standing in as interim CEO of the subsea and terrestrial…

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