Under the deal, Vodacom is looking to acquire a 30% stake in the newly-created Maziv. While the Competition Commission (CompCom) recently put the R14 billion merger deal between Vodacom and Maziv back on the table, smaller internet service providers (ISPs) are still concerned about the implications of competition on their businesses. Earlier this month, the…
Manchester United are on the verge of signing Bryan Mbeumo from Brentford with a medical understood to be imminent. Manchester United have reportedly agreed to sign Cameroon winger Bryan Mbeumo from Brentford in a deal worth an initial $87m as Ruben Amorim steps up his overhaul of the team’s misfiring attack. Mbeumo attracted Amorim’s attention…
MultiChoice headquarters in Randburg, Johannesburg. Canal+ and MultiChoice have committed an additional R2 billion to public interest initiatives in South Africa, as part of a growing list of undertakings tied to their proposed R30 billion deal. The funds cater for commitments that include increased support for local content production, supplier development, and the establishment of…
Vodacom South Africa has announced big changes to the terms of its planned acquisition of Vumatel parent Maziv as it works to get the deal over the line. Under the new terms, Vodacom will buy a maximum 34.95% stake in Maziv, down from 40% previously, while the financial terms of the deal have also been…
Communications minister Solly Malatsi. Image: DCDT Government is seeking an out-of-court solution to the impasse between government, e.tv and others over the switch-off of analogue television broadcasts. South Africa’s migration from analogue to digital terrestrial television is on hold once again after the high court in Pretoria in March granted broadcaster e.tv and others an…
The European Union will suspend retaliatory tariffs on goods from the United States that were scheduled to take effect on Monday. The EU hopes it can reach a trade deal with the Trump administration by the end of the month. “This is now the time for negotiations,” European Commission President Ursula von der Leyen told…
Chief executive officer of Google Sundar Pichai. Marek Antoni Iwanczuk | Sopa Images | Lightrocket | Getty Images Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will…
Vodacom’s acquisition of a co-controlling stake of up to 40% in Vumatel parent Maziv is suddenly back on the table following a dramatic development in the case. The Competition Commission said on Tuesday that it has reached an agreement with both Vodacom and Maziv, which also owns Dark Fibre Africa, that could see the deal…
Vodacom’s acquisition of a co-controlling stake of up to 40% in Vumatel parent Maziv is suddenly back on the table following a dramatic development in the case. The Competition Commission said on Tuesday that it has reached an agreement with both Vodacom and Maziv, which also owns Dark Fibre Africa, that could see the deal…
Domestic power struggles between President Tshisekedi and former president Kabila will likely complicate difficult negotiations with M23. Recent efforts to resolve the M23 crisis in eastern Democratic Republic of the Congo (DRC) have taken a new turn. After the breakdown of the Angola-led Luanda talks in mid-December 2024, a joint East African Community-Southern African Development…
