The National Transmission Company South Africa (NTCSA) has received approval from energy regulator Nersa for its market operator licence. The licence allows the NTCSA to operate and administer a new electricity market platform in accordance with the Electricity Regulation Amendment Act. It said this marks the next step in establishing a “fair and competitive” electricity…
E.tv parent eMedia Holdings has reported a 20.9% year-on-year jump in interim headline earnings per share, even as a slump in television advertising sent its revenue sliding 3.2%. The results, for the six months to end-September 2025, showed surprising resilience in earnings despite one of the toughest television advertising environments South African broadcasters have faced…
JSE-listed discount retailer Pepkor Holdings’ lead as the distributor of the most prepaid handsets sold in South Africa continues to expand. In the company’s report for the year ended 30 September, released on Tuesday, Pepkor reported a 17% year-on-year increase in handset sales to 13.5 million units – 9.2 million of which were sold in…
Kigali — “As NCBA, we are proud to support the ASEA Annual Conference. Our participation reflects our commitment to strengthening Africa’s capital markets and partnering with institutions that drive sustainable economic growth,” said NCBA’s managing director Maurice Toroitich. In alignment with the conference’s focus on innovation, regional integration, and sustainable finance, NCBA emphasized its commitment…
Mr Adelabu said the synchronisation will enable the country to optimise generation costs, deepen industrialisation, strengthen regulatory oversight, and expand its leadership in the Economic Community of West African States (ECOWAS) energy landscape. The Minister of Power, Adebayo Adelabu, on Wednesday said Nigeria has successfully conducted a grid synchronisation test connecting the national electricity grid…
Nairobi — Woodford Reserve, the small-batch Kentucky bourbon produced by Brown-Forman, has officially launched in Kenya, marking the brand’s strategic entry into the East African premium-whiskey market. The debut coincided with a Nairobi event celebrating Old Fashioned Month on November 6, part of a global initiative highlighting the classic cocktail. David Mutunga, Brown-Forman’s East Africa…
MTN South Africa increased the number of post-paid customers on its network in the third quarter of its 2025 financial year, growing the figure by 7.3% year on year to 4.6 million. The prepaid side of the business painted a different picture entirely, however, with the number of prepaid subscribers declining by 0.4% as competition…
Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the…
SA’s cyber security services market has been projected to hit R16.5 billion by 2029. South Africa’s cyber security services market is expected to reach R16.5 billion by 2029, with the financial services sector showing strong demand, says BMIT. This comes amid the rise of cyber crime attacks on the local front, which has seen the…
Altron Group CEO Werner Kapp JSE-listed technology group Altron has lifted its interim dividend by 20% even as it warns of a “tough trading environment” in IT services. Group operating profit from continuing operations in the six months to 31 August 2025 increased 15% to R549-million, driven by an “excellent performance” in the Platforms segment,…
