Shoprite Introduces Xtra Savings Rewards Programme

The Shoprite Group is launching a rewards programme for its Shopite branded stores on Monday 12 October 2020. The new Shoprite Xtra Savings card...
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Sipho Maseko

Telkom Welcomes Imminent Release of High Demand Spectrum

Telkom has welcomed the Independent Communication Authority’s announcement that it will release the Invitation to Apply (ITA) for both Wireless Open Access Network (WOAN)...

Who Really Owns Telkom? South Africans or Americans

South Africa’s Telkom has published its 2020 integrated annual report, which shows the group’s ownership by geographical region. As of 31 March 2020, Telkom is 50.5%...

Telkom Boss Sipho Maseko Takes a R2 million Cut in 2020 Remuneration

Telkom boss Sipho Maseko's total remuneration was reduced by R2 million in 2020 financial year to R21.8 million versus R23.2 million in 2019, according...

Telkom Enters Financial Services Fray in Ongoing Drive to Diversify

South Africa's telco Telkom waded into the country's red hot financial area with a new financial services entity to compete against the likes of...

Telkom is Investing in New Tech for the Future

Telkom is investing in future technology based on software-defined networks (SDN), which allows for the creation of a framework to support more data-intensive applications...

Telkom Mobile is Firing on all Cylinders

The successful delivery of broadband-led propositions by Telkom and pushing its mobile business to deliver solid financial results caught our attention. This resulted in Telkom...

Telkom Cuts CEO Sipho Maseko’s Pay by R3m

South Africa’s Telkom has cut the compensation of CEO Sipho Maseko for the 2019 financial year. In an integrated annual report, the company said it...

Vodacom Loses ‘CEO in Waiting’

A top executive who joined Vodacom just five years ago is leaving the mobile phone group, TechFinancials has learned. Yolanda Cuba, the Chief Officer of...

SA’s Telkom Confirms Government to Sell Stake in the Company

Telkom announced on Wednesday that its biggest shareholder, the South African government, may sell its shareholding in South Africa’s largest fixed-line telephone group. The company...

Must Read

Africa’s First Adaptive Learning Online High School Launches

Prestigious, independent school, Bridge House and award-winning EdTech company, Digemy, have joined forces to create ConnectEd - the first Independent Examinations Board (IEB) curriculum...

Mercedes-Benz Gives Its EQC Electric vehicle The 4×4² Treatment

Mercedes-Benz has given its EQC electric vehicle the 4x4² treatment. The EQC 4x4² is an electric car of extremes. Mercedes-Benz wishes to test the...

Nedbank Signs Up 100 000 Customers for its Avo Super App

Avo, launched at the height of the national lockdown, has surpassed the 100 000 customer mark in September 2020 and continues to evolve alongside its...