Telkom clears R623 million debt in one shot

Telkom clears R623 million debt in one shot

Within the next 12 months, Telkom must manage R4.3 billion in short-term borrowings. (Photograph: Telkom) Telkom is set to wipe 30% off its short-term interest-bearing debt on Wednesday by fully settling a R623 million maturing corporate bond, cutting that portion of its debt to R1.4 billion. The payment retires the TL31 bond, effectively an institutional…

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Meta declares war on Israeli spyware firm

Meta declares war on Israeli spyware firm

Meta Platforms said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users. The company said its WhatsApp messaging service disrupted new spear-phishing attempts linked to NSO, an entity blacklisted by the US government…

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Malicious actors take down Avbob’s digital platforms

Malicious actors take down Avbob’s digital platforms

The Avbob incident comes amid a continued rise in cyber breaches affecting South African organisations. (Image source: 123RF) Insurer Avbob has confirmed a cyber incident that resulted in the disruption of some of its services. In a statement today, the insurer confirmed the recent disruption to certain of its digital platforms and services is the…

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