Vodacom Group has moved to cement its dominance in East Africa with a massive R36-billion ($2.1 billion) transaction that will give it a controlling interest in Safaricom, one of the continent’s most valuable telecommunications and fintech players. Read: Epson CO-W01 Projector Review: Project Success The Johannesburg-headquartered group announced on Thursday that it has reached an…
Vodacom Group CEO Shameel Joosub Vodacom Group has moved to cement its position in East Africa with a R36-billion transaction that will see it take majority control of Safaricom, one of the continent’s most valuable telecommunications operators and fintech players. The Johannesburg-headquartered group said on Thursday it has reached an agreement with the government of…
Hundreds of Turkish footballers and referees have been found to hold illegal betting accounts. The sport betting scandal that took hold of the Turkish Football Federation this week has put a spotlight on an endemic issue. Hundreds of players and referees have been accused of illegally placing bets. Recommended Stories list of 3 itemsend of…
Water is often taken for granted, if you’re lucky enough to have it coming out of taps. Yet it lies at the heart of national security. Controlling water means having control over a key resource that keeps an economy running and stable. Water supports jobs, businesses and livelihoods. When it is managed well, countries’ economies…
Argility MultiTRAX deployment provides control and management of deliveries for one of SA’s leading furniture retailers. Argility, which positions itself as a leading innovator and implementer of software and data analytics solutions for retailers, part of the Data and Technology cluster of global enterprise Smollan, has implemented the MultiTRAX delivery management and scheduling solution to…
Across the world, countries are racing to become “smoke-free”, and some have already made remarkable progress. Sweden, for example, recently announced that only around 4.5% of its population still smoke cigarettes — the lowest reported rate in Europe. Their success has been celebrated as a model for others to follow. However, beneath the applause lies…
Osmond ChiaBusiness reporter Getty Images Nexperia is based in the Netherlands and operates factories worldwide, including in the UK The Dutch government has taken control of Nexperia, a Chinese-owned chipmaker based in the Netherlands, in a bid to safeguard the European supply of semiconductors for cars and other electronic goods and protect Europe’s economic security….
A close-up view of the Nexperia plant sign in Newport, Wales on April 1, 2022. Matthew Horwood | Getty Images News | Getty Images The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor maker based in the Netherlands, in an extraordinary move to ensure a sufficient supply of its chips remains available in…
Canal+ CEO Maxime Saada French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares following the close of its mandatory offer to shareholders. The result, announced to investors on Monday, clears the final hurdle for Canal+ to take full ownership of MultiChoice,…
Former MultiChoice Group CEO Calvo Mawela The French are moving quickly to stamp their authority on MultiChoice Group, announcing on Monday that CEO Calvo Mawela is longer CEO of the South African broadcaster. This follows news on Monday morning that Groupe Canal+’s acquisition of the South African pay-television giant has become unconditional. Mawela will be…
