Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share – a range that implies a post-listing market capitalisation of between R9.5-billion to R12.1-billion, depending on the final share count and whether an over-allotment is exercised. The transaction is a secondary sale by…
Disagreements between Donald Trump and Republican congresswoman Marjorie Taylor Greene have ballooned into a public feud, signalling a breakdown in relations between the US president and one of his fiercest defenders. On Friday, Trump called Greene “wacky” in social media posts and said she should be unseated in next year’s elections. On Saturday, he called…
IMAGE/UN. By PATRICK MAYOYO [email protected] The International Renewable Energy Agency (IRENA), in collaboration with the Brazilian Presidency of COP30 and the Global Renewables Alliance (GRA), has released a stark new report warning that global progress on renewable energy expansion is insufficient to meet 2030 targets set under the UAE Consensus. The report Delivering on the UAE…
Nairobi — A new UN Environment Programme (UNEP) assessment warns that the world is still far from meeting the Paris Agreement goals, with global warming projections showing only marginal improvement despite new national pledges — leaving the planet on course for a dangerous escalation in climate risks. According to UNEP’s Emissions Gap Report 2025: Off…
UN Secretary General António Guterres with UNEP Executive Director Inger Andersen. PHOTO/UN/FILE. By PATRICK MAYOYO [email protected] Current emissions trajectories look set to warm the world by as much as 2.8°C (5.04°F) above pre-industrial levels by 2100, according to a report released by the United Nations Environment Programme (UNEP). The UNEP assessment of available new climate…
SASSA believes its business intelligence initiative will improve its decision-making processes, enhance operational efficiency and improve customer experience. It’s an interesting week on National Treasury’s eTenders Portal, with the public sector targeting a wide range of requirements. It is the South African Social Security Agency (SASSA), however, that takes the headline with its request for…
Optasia’s plans to list on the JSE could see the company valued at up to R23.5-billion in its public market debut. In a pre-listing statement on Monday, Optasia, whose backers include investor Michael Jordaan, outlined its intention to price its initial share offer at between R15.50 and R19/share. The number of shares on offer will…
Maziv is targeting connecting more than 8 000 cellular base stations with high-speed fibre. Maziv, the parent company of Dark Fibre Africa (DFA) and Vumatel, says the cash injection and assets from Vodacom, following the merger, will help to scale its business, as it targets passing 50 000 South African homes per month with high-speed…
Abuja — Seplat Energy Plc, one of Nigeria’s leading independent energy companies, at the weekend, said domestic gas would remain the engine of prosperity for Nigeria and Africa in general, disclosing its plans to raise its gas production to 1 Bcf/d by 2030. A statement from the company stated that this informed the company’s heavy…
Flenk Mnisi, acting chief operating officer of Sentech and Anton Jooste, MD of digital services for South Africa at Seacom. Submarine cable operator Seacom and signal distributor Sentech have signed a memorandum of understanding to accelerate the growth of small, medium, and micro enterprises (SMMEs) in South Africa’s telecommunications sector. The agreement, signed at Seacom’s…
