Vodacom Group on Monday reported a 10.8% fall in full-year earnings, impacted by start-up losses in Ethiopia.
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Vodacom affiliate Safaricom reported lower than expected annual profit amid high start-up costs in Ethiopia.
There is a serious flaw in the Rica Act that has big implications for the effectiveness of police investigations.
A new report by Africa Analysis has found that the fibre-to-the-business market in South Africa is enjoying rapid growth.
Nigerian companies are paying overdue dollar obligations after recent reforms led to increased liquidity in the forex market.
Regulatory support and reduced US dollar exposure have been identified as key to improving MTN Nigeria’s balance sheet.
A planned new undersea cable called T4 and linking Africa, Indian Ocean islands and Asia, will improve redundancy in the region.
Satellite company SES has agreed to buy Intelsat Holdings for $3.1-billion. Investors aren’t impressed.
Macroeconomic pressures are stifling financial performance while regulatory interventions restrict subscriber growth.
MTN Group has warned that criminals are impersonating Mcebisi Jonas, seeking to extract money from unsuspecting victims.