After weeks of tense negotiations between their top trade officials, the European Union and US have finally struck a framework deal – and it comes on the eve of America’s latest round of tariff talks with China. Ultimately it took leaders from Washington and Brussels to sit down face to face to reach Sunday’s agreement….
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…
The protracted, multibillion-rand investment by Vodacom in Vumatel owner Maziv led an “unprecedented” legal challenge to the competition appeal court (CAC) at a hearing into the matter on Tuesday. The Competition Commission U-turned earlier this month when it announced it was now in favour of the deal following negotiations with Vodacom and Maziv. It had…
The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by London-listed Groupe Canal+, removing a major hurdle to their deal being consummated. The tribunal approved the proposed transaction, subject to conditions agreed earlier this year by the merging parties. “As was previously disclosed, the agreed conditions include a robust package of guaranteed…
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…
