Two of South Africa’s biggest trade unions have rejected an improved 6% salary increase offer from state-owned power utility Eskom, their representatives said on Tuesday. Eskom has dragged on the economy for years, owing to power cuts and the company’s financial troubles, but improved performance from its coal-fired power stations has halted outages and brought…
SpaceX’s satellite internet service, Starlink, has significantly intensified its lobbying efforts to enter the South African market. The company recently published a dedicated advocacy page on its website, titled Starlink’s Efforts in South Africa, which directly addresses consumers and counters persistent criticisms regarding its licensing bid. This move follows an aggressive January campaign where Starlink…
MTN has approximately 24.7% shareholding in IHS. The board of IHS Towers has accepted an offer of $8.50 a share in a transaction that would see MTN Group increasing its shareholding to 100%, the mobile operator announced today. The potential transaction is subject to various approvals and the delisting of IHS from the New York…
MTN Group CEO Ralph Mupita MTN Group has agreed to acquire the shares in IHS Towers that it does not already own, in a deal that would see Africa’s largest mobile operator take full control of nearly 29 000 towers across the continent – effectively reversing years of selling off its passive infrastructure. The IHS board…
BluEnergy Trading, a subsidiary of JSE-listed Blue Label Telecoms, has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (Nersa). This landmark authorization allows the group, historically recognized for its prepaid airtime distribution and its majority stake in mobile operator Cell C, to officially buy and sell electricity. The…
Rasan Scales new Heights: Record-Breaking FY 2025 Financial Performance (Photo: AETOSWire) Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in Saudi Arabia, today announced record financial results for the full year ended 31 December 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260217695698/en/ Financial Highlights: Revenue: SAR 653…
Icasa CEO Tshiamo Maluleka-Disemelo Communications regulator Icasa expects to appoint a service provider, or providers, next month to run South Africa’s next major radio frequency spectrum auction. However, the regulator has still not committed to a date for the auction. It was delayed in 2024 after bidders asked for more time to prepare. Icasa has…
South Africa cannot afford to sit on the sidelines in the Fourth Industrial Revolution. Around the world, innovation is accelerating as nations harness artificial intelligence and emerging technologies. To compete globally and transform our economy, we must take control and drive progress ourselves. Yet, too many local innovators remain locked out because of where they…
Investec’s newly launched platform links subject choices to real-world work readiness. Investec has unveiled Invest-ED, a national programme that prepares young people for tomorrow’s world of work. The programme is aimed at helping high school learners navigate education choices, emerging careers and a rapidly changing world of work, the company said. Invest-ED is designed to link…
Does the idea of a website still feel like an unnecessary expense? Maybe you already trade from a physical store, sell at markets or use social media to reach customers, and business is going great. Why change what works, right? But in 2026, being online isn’t about replacing what already works. It’s about supporting it….
