The Competition Commission in South Africa has dragged social media company Meta Platforms Inc (formerly known as Facebook Inc), and its subsidiaries, WhatsApp Inc and Facebook…
Browsing: South Africa
Canadian mining company Ivanhoe Mines has acquired a 4.35% stake in South Africa’s helium and liquified natural gas producer Renergen as part of a strategic partnership…
Comair’s planes were grounded indefinitely on Sunday by South Africa’s civil aviation regulator due to safety complaints, affecting customers of Kulula and British Airways as well…
South Africa’s telecommunications operators Telkom and Rain Networks have won the first round of the country’s frequency spectrum auction, spending a combined 2.7 billion rands on…
MTN Group, Africa’s largest mobile operator by subscribers, resumed its annual dividend payout on Wednesday, after announcing a higher payout than previous guidance, as the divestment…
South Africa’s state power company Eskom has escalated load shedding from Stage 2 to Stage 4 from 9am on Wednesday This comes as the embattled utility…
Data on Tuesday showed that South Africa’s economy expanded in the final quarter of last year due to recovery in agriculture and manufacturing, a boost for…
Prosus, a subsidiary of South African conglomerate Naspers, is writing off its R10 billion investment in the VK Group, Russia’s largest internet company. This follows the…
The New Development Bank, set up by BRICS countries to lessen the influence of Western financial institutions, has announced its decision to temporarily end business with…
South Africa’s state-owned power utility Eskom has decided to postpone the replacement of steam generators at unit 2 of its Koeberg nuclear power station, owing to…