Vodacom Tanzania disconnects 157,000 subscribers

SIM trouble
in Tanzania

Operator moves on
regulator's directive.

ITWeb Africa

Friday, Jan 24th

Drone delivery service Zipline raises US$190-million in new funding

Drone delivery service Zipline raises US$190-million in new funding

Latest round values the company at over US$1-billion.

MTN Nigeria stock jumps after listing

MTN Nigeria stock jumps after listing

MTN's stock took just 16 minutes to climb 10% after the group listed on the Nigerian Stock Exchange on Thursday.

Business review pays off for MTN

Business review pays off for MTN

E-commerce and tower company investments are not viewed as long-term strategic assets, will be monetised over time, according to operator.

Vodacom leverages Safaricom investment to post profit increase

Vodacom leverages Safaricom investment to post profit increase

Operator targets greater expansion of its mobile money interests as investment in Safaricom pays off.

MultiChoice starts JSE trading at R95.50

MultiChoice starts JSE trading at R95.50

The pay-TV operator today entered a new chapter after listing on the Johannesburg Stock Exchange.

Jumia raises US$196-million in landmark New York IPO

Jumia raises US$196-million in landmark New York IPO

Mixed reaction from the continent's broader tech market.

Helios' SA interests strengthen results

Helios' SA interests strengthen results

Increase in revenue, adjusted EBITDA according to latest results.

Naspers to list NewCo on Eurnonext Amsterdam

Naspers to list NewCo on Eurnonext Amsterdam

Naspers will own approximately 75% of NewCo and will retain its primary listing on the Johannesburg Stock Exchange.

MTN Nigeria tax bill case postponed yet again

MTN Nigeria tax bill case postponed yet again

While the operator settled with the Nigerian central bank last year, it is still in a $2 billion tax-related court battle with the country's Attorney General.

West Africa solar firm raises US$25-million to expand services

West Africa solar firm raises US$25-million to expand services

PEG Africa brings its funding total to US$50-million, to push PAYG financing model across the region.

Acquisitions give Adapt IT momentum in stagnant SA market

Acquisitions give Adapt IT momentum in stagnant SA market

Company outlines how strategy has contributed to interim results.