Sunday , 16 May 2021

Category: Finance & Banks

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Vodacom spends over R200 million to expand rural coverage

Vodacom spends over R200 million to expand rural coverage

by SAVIOUS KWINIKAJOHANNESBURG – VODACOM has spent R207 million (US$14,8 million) to upgrade network infrastructure across the Free State and Northern Cape provinces during the 20 ...

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‘Racist’ banks sucked into ANC factional battles

‘Racist’ banks sucked into ANC factional battles

by SAVIOUS KWINIKA JOHANNESBURG – SOUTH African banks have come under pressure from unions following the financial institutions’ targeting of indigenous firm, Ayo Technologie ...

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Counting the losses from the ravaging Cape fires

Counting the losses from the ravaging Cape fires

by DION HENRICK CAPE TOWN - WHEN Lisette Lombard started her routine trail run this past Sunday morning, nothing seemed amiss. Atop the Devil’s Peak, she was even enjoying th ...

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Cell C reports multibillion-Rand loss

Cell C reports multibillion-Rand loss

by SAVIOUS KWINIKAJOHANNESBURG – CELL C believes its turnaround strategy is yielding improved financial performance despite a R5,5 billion loss in 2020. Zaf Mahomed, Chief Financi ...

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Altron buys digital signatures firm Lawtrus

Altron buys digital signatures firm Lawtrus

by TINTSWALO BALOYIJOHANNESBURG – ALTRON, the Johannesburg Stock Exchange-listed company, has acquired digital signatures services firm, Lawtrust, in a deal worth R245 million (US ...

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Fuel spike piles pressure on agro sector

Fuel spike piles pressure on agro sector

by AKANI CHAUKEJOHANNESBURG – THE rapid increase in the price of fuel is putting pressure on agriculture input costs as South African farmers harvest last summer’s crop and prepar ...

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R50 billion investment retains MTN as network of choice

R50 billion investment retains MTN as network of choice

by SAVIOUS KWINIKA JOHANNESBURG – MTN's R50-billion infrastructure investment over the past five years is paying off after the operator was again adjudged the best mobile net ...

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Vodacom allocates R50 billion in network expansion

Vodacom allocates R50 billion in network expansion

by MTHULISI SIBANDAJOHANNESBURG – VODACOM is to invest more than R50 billion (about US$3,4 billion) in infrastructure and new technologies over a five-year period. This, according ...

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Huawei performance in line with forecast

Huawei performance in line with forecast

by TINTSWALO BALOYI JOHANNESBURG – HUAWEI has reported increases of more than 3 percent in revenues and net profit in 2020 on the back of a year characterised by the coronavi ...

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Nedbank brings Apple Pay to local customers

Nedbank brings Apple Pay to local customers

by DION HENRICKCAPE TOWN - I-PHONE or Apple Watch users who are Nedbank clients can now make contact-less payments after the bank introduced Apple Pay to its customers. ...

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