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29 August 2018 9:55 AM Vodacom is said to discuss network-sharing deal with Telkom

Vodacom is negotiating a South African wireless network-sharing deal with fixed-line operator Telkom SA as a replacement for former partner Cell C, according to people familiar with the matter. The unit of Vodafone lost about a R1bn ($70.7m) of annual revenue when Cell C jumped ship to fierce rival MTN earlier this year, the sources, who asked not to be identified 71

28 August 2018 1:37 PM May vows post-Brexit UK will be leading investor in Africa

British Prime Minister Theresa May on Tuesday pledged to prioritise investment in Africa as she started a visit to the continent to seek new trade deals during preparations to leave the European Union. "By 2022, I want the UK to be the G7's number one investor in Africa, with Britain's private sector companies taking the lead," May told business leaders 48

28 August 2018 9:16 AM BREAKING: MultiChoice announces new 24-hour channel to replace Manyi's Afro Worldview

MultiChoice has announced Newsroom Africa as the the new black-owned 24-hour news channel on satellite service DStv's bouquet, after the group decided not to renew its contract with with Mwanele Manyi's Afro Worldview. Afro Worldview was known as ANN7 when it was owned by the Gupta family's Infinity Media. ANN7 launched in August 2013. The news channel 61

27 August 2018 8:02 PM Old Mutual's Gobodo calls CEOs to action

Cape Town - Everybody talks about Environmental, Social and Governance (ESG) issues in the corporate world, but an important question to ask is what role the allocators and custodians of other people's money play in the greater outcome of broader society, according to Khaya Gobodo, managing director of Old Mutual Investment Group. At a smart investment 70

22 August 2018 8:09 AM SA gold miners and NUM deadlocked over wages

National Union of Mineworkers (NUM), said it’s deadlocked over pay with the producers after numerous rounds of negotiations. The dispute will be referred to the Commission for Conciliation, Mediation and Arbitration (CCMA) and sets the path toward a legal, protected strike, the NUM said in an emailed statement on Tuesday. The union has had seven meetings 75

21 August 2018 10:34 AM New channel to replace Afro Worldview will be announced later this month

MultiChoice says it will announce the successful bidder to replace the Afro Worldview news channel on August 28. This after the company ended its contract with the controversial news channel, formerly known as ANN7, on its DStv platform on Tuesday. "The channel stopped airing on DStv at midnight on Monday, 20 August 2018," MultiChoice spokesperson Kenneth 130

16 August 2018 7:46 PM Female execs in SA still underrepresented, underpaid

Female representation at senior management and executive levels in South Africa is still, on average, only 20%. The data also showed that 61% of the women are remunerated below the median of the sample, compared to just 39% of men. By contrast, 63% of men are remunerated above the median, compared to just 37% of the women in the sample. The survey looked 77

10 August 2018 10:37 AM Sea Harvest forecasts lower earnings due to Viking acquisition

Fishing company Sea Harvest [JSE: SHG] projects lower shareholder earnings as a result of the acquisition of Viking Fishing Holdings. The group issued its trading statement on Friday, ahead of the release of its interim financial results for the six months ended June 30. The financial results will be released on August 28. Headline earnings are expected 75

10 August 2018 3:45 AM Microsoft threatens to pull Gab services over anti-semitic posts

Microsoft threatened to suspend web-hosting services it provides to after getting a complaint about anti-Semitic posts on the social-media site, a new twist in the technology industry’s controversial crackdown on hate speech. Microsoft’s Azure cloud-computing division said it would take action in two business days if Gab didn’t remove two posts 265

09 August 2018 5:50 PM 3 arrested for stealing MTN, Vodacom tower batteries

Three people have been arrested after they allegedly stole batteries from cellphone towers belonging to service providers MTN and Vodacom. Nkosi-Malobane said approximately 16 Vodacom batteries and 24 MTN batteries were stolen from Carletonville, west of Gauteng. She said the arrest comes after a joint operation by the Gauteng Organised Crime private 122