Telkom clears R623 million debt in one shot

Telkom clears R623 million debt in one shot

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…

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TVS HLX Crosses 5 Million in Global Sales

TVS HLX Crosses 5 Million in Global Sales

TVSM HLX 5 Million Celebration – Director & CEO KNR and President of IB Peyman Kargar TVS Motor Company (TVSM), part of TVS VENU, is a global leader in the two and three-wheeler segments, today announced that its globally trusted commuter motorcycle brand, TVS HLX series, has crossed the significant milestone of five million sales…

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Africa: Unsafe Food Kills 1.5 Million People Each Year – Children Most At Risk – WHO

Africa: Unsafe Food Kills 1.5 Million People Each Year – Children Most At Risk – WHO

Unsafe food causes an estimated 866 million illnesses and 1.5 million deaths every year worldwide, highlighting the often-overlooked toll of contaminated food on health, development and fragile economies, according to new data from the UN health agency. The new insights released on Wednesday ahead of next week’s World Food Safety Day, show that children under…

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Africa: Unsafe Food Kills 1.5 Million People Each Year – Children Most At Risk – WHO

Africa: Unsafe Food Causes 866 Million Illnesses and 1.5 Million Deaths Annually, Young Children At Highest Risk

Children aged less than five years face almost three times the risk of illness from unsafe food than older children and adults, according to new estimates released today by the World Health Organization (WHO). Despite being just 9% of the global population, young children suffer from nearly one third of all cases of foodborne diseases,…

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Africa: Unsafe Food Kills 1.5 Million People Each Year – Children Most At Risk – WHO

Africa: World Bank’s IFC to Back Admaius’ $500 Million Virunga Africa Fund II

The indicative commitment follows the strong performance of RSSB-anchored Virunga Africa Fund I The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is considering a major investment in Virunga Africa Fund II, a new $500 million growth equity fund managed by Kigali-headquartered Admaius Capital Partners. According to project information disclosed…

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Vodacom’s fintech machine tops 100 million customers

Vodacom’s fintech machine tops 100 million customers

Vodacom Group’s fintech business has surpassed 100 million customers for the first time, with the JSE-listed telecommunications operator reporting 103 million active financial services users in the year ended 31 March 2026 – cementing its position as the largest mobile money operator in Africa. The milestone, disclosed in the group’s annual financial results on Monday,…

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Vodacom Group customer base swells past 237 million

Vodacom Group customer base swells past 237 million

Vodacom Group CEO Shameel Joosub Vodacom Group leaned heavily on its Egyptian business and Kenyan associate Safaricom to power a strong set of full-year numbers, even as service revenue growth in its South African home market remained subdued. For the year ended 31 March 2026, group revenue rose 10.1% to R167.7-billion. Service revenue grew 10.6%…

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