Vodacom Tanzania disconnects 157,000 subscribers

SIM trouble
in Tanzania

Operator moves on
regulator's directive.

ITWeb Africa

Friday, Jan 24th

US$600m bond gives Helios Towers Africa a lift

US$600m bond gives Helios Towers Africa a lift

Independent telecoms infrastructure services provider secures 44% increase in revenue, increase in EBITDA according to results for the year ended 31 December 2016.

EMEA brings in US$22bn for Huawei

EMEA brings in US$22bn for Huawei

32% rise in global profits across in 2016 has inspired the company to entrench its presence in the Europe, Middle East and Africa (EMEA)

MTN Zakhele to de-list this week

MTN Zakhele to de-list this week

MTN Zakhele shareholders will receive close to R59.08 per share in terms of the unwinding, after originally investing R20 per share back in 2010.

More telcos likely to list in Tanzania

More telcos likely to list in Tanzania

This follows Vodacom Tanzania's recent IPO confirmation, with industry analysts emphasising that local participation will be given priority.

Vodacom Tanzania looks to list on DSE

Vodacom Tanzania looks to list on DSE

Mobile network operator takes first steps towards securing IPO and listing.

Vodacom Tanzania targets Tzs 476bn in initial IPO

Vodacom Tanzania targets Tzs 476bn in initial IPO

Company to offer 560 million shares at 850 shillings each.

BEE transaction on track says MTN

BEE transaction on track says MTN

Black South African individuals and groups could apply for up to 123,416, 819 ordinary shares in MTN Zakhele Futhi at R20 per share.

Kenyan startup raises record US$1.1 million in funding

Kenyan startup raises record US$1.1 million in funding

Data collection startup Bamba leverages the rapid uptake of smartphone on the continent and plans to expand into other countries.

Jasco swings to profit, declares dividend.

Jasco swings to profit, declares dividend

asco says its financial year was characterised by a strong first half and a much weaker second half, due to the downturn in the local economy.

2017 IT spend projected to remain on growth trajectory

2017 IT spend projected to remain on growth trajectory

Recent findings by Gartner and the IDC show that overall growth in IT spend is likely to endure going in the new year.

FinTech firm IRESS acquires INET BFA for R149.6-million.

FinTech firm IRESS acquires INET BFA for R149.6-million

Deal falls in line with company regional strategy, says IRESS MD.