‘Covidpreneurs’ – These are not Black Businesses, but Thieves

The Special Investigating Unit (SIU) is investigating allegations that unscrupulous officials and businesses benefited from billions meant to fight COVID-19. According to a report by...
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ICTU Gets a Temporary Reprieve for Cell C Retrenchments

The Information Communication Technology Union (ICTU) has secured a temporary reprieve from retrenchment at Cell C. The union is demanding that Cell C withdraw the retrenchment...

Chinese Investors Call Shots at Troubled Cell C, Insiders Claim

Two insiders on Wednesday told TechFinancials that Chinese investors are calling the shots at embattled mobile phone operator Cell C, which is in the...

Union Demands Cell C Board to Withdraw Retrenchments Notice

The Information Communication Technology Union (ICTU) has demanded that Cell C withdraw the retrenchment notice to workers. ICTU is an affiliate of the South African Federation...

Cell C is in Such Bad Shape It’s Defaulting on Loans

Embattled mobile phone operator Cell C is facing significant liquidity constraints, a notice of retrenchment shows. Cell C is in the process of retrenching its...

Debt-Ridden Cell C Serves Retrenchment Notices to 2500 Employees

The Information Communication Technology Union (ICTU) said on Friday that Cell C has served retrenchment notices to all its staff members. ICTU is an affiliate...

Cell C is Still In Trouble, Reports a R4-bn Operating Loss

Struggling mobile phone operator Cell C, which destroyed shareholder value for JSE-listed firm Blue Label Telecoms, on Monday reported a R4 billion operating loss...

Blue Label Returns To Profit After Turbulent Years

JSE-listed technology group Blue Label Telecoms has returned to profit for the first time in years, buoyed by Cell C write down. The company has lost...

Cell C Sinks Deeper Into Trouble

Cell C, which is 45% owned by JSE-listed Blue Label Telecoms, appears to be sinking deeper into trouble. The struggling mobile operator has defaulted on...

Controversial JSE-Listed Net 1 Sells South Korea Business For R3.4bn

Controversial JSE-Listed Net 1, the company behind Cash Paymaster Services that used to run SA’s social grant payment system, is selling its South Korean...

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Neflix vs ShowMax. Which Streaming Service is Popular in SA?

Streaming wars are well underway. Netflix, ShowMax, Prime Video, VIU and others are all vying for our attention. South Africa's public broadcaster SABC might...

SASSA Introduces Payment Method Changes for R350 COVID-19 Grant

SASSA presents beneficiaries of the COVID-19 grant with an opportunity to receive their grants at their chosen and convenient outlets. Beneficiaries can now change...

SASSA Pays 4 Million People Their R350 COVID-19 Grant, Millions Still Waiting

The South African Social Security Agency (SASSA) has paid 4 million people their R350 Social Relief Grant, according to Minister of Social Development, Lindiwe Zulu. Zulu made the statement...