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…
Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief…
The “big lift” of the main reflector onto the pedestal for the first SKA-Mid production dish on site in South Africa. The lift took place on 4 July 2024. Photo credit: SKAO/Max Alexander, CC BY 3.0 South Africa’s role at the heart of one of the world’s most ambitious scientific instruments moved a step closer…
The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel, which is already a shareholder in Herotel, to acquire full control of the business. Vumatel, a subsidiary of Maziv, is South Africa’s largest fibre-to-the-home…
The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Thursday said its next-generation obesity drug delivered what appears to be the highest weight loss yet in a late-stage trial while reducing knee arthritis pain, clearing the first of several upcoming…
SITA’s head office in Erasmuskloof, Pretoria. (Photograph by Lesley Moyo) The State Information Technology Agency (SITA) has confirmed it has today settled its municipal account with the City of Tshwane following a temporary suspension of services at its Erasmuskloof head office. In a statement, the agency says it maintains a prepaid account with the municipality,…
A bill to make it easier for France to return cultural objects taken during the colonial period was presented at a ministerial council in Paris this week by Culture Minister Rachida Dati. Despite a pledge by President Emmanuel Macron in Burkina Faso in 2017, and follow-up reports, only a small number of items have been…
The Confederation of African Football (CAF) has officially approved Mandela National Stadium, Namboole, to host matches of the upcoming African Nations Championship (CHAN) 2024. The tournament is scheduled to take place from August 2 to August 30 this year. This development follows an 8-day inspection tour by CAF experts who assessed stadiums in Kenya, Tanzania,…
