Loss-making SAA hires Vodacom exec Vuyani Jarana as new CEO
Treasury confirmed the appointment of Vodacom Group executive Vuyani Jarana as the first permanent CEO of the state-owned carrier since November 2015.
Treasury confirmed the appointment of Vodacom Group executive Vuyani Jarana as the first permanent CEO of the state-owned carrier since November 2015.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
South Africa’s government is considering selling its $2.5 billion stake in the local unit of Vodafone Plc to raise funds for state power utility Eskom, Bloomberg News reported on Wednesday.
JOHANNESBURG (Reuters) – South African mobile operator Cell C said on Thursday it would look to restructure 77.4 million euros worth of senior debt, a move that could help improve its cash management. Cell C, which is majority owned by Saudi construction and telecom group Saudi Oger Ltd, faces stiff competition from bigger rivals Vodacom Group and MTN … Read more
Vodacom released its quarterly update for the period ended 30 June 2014. Vodacom holds a current market cap of R187.6bn and is trading at a price to earnings ratio of 14.08. Its share price is up 9.65% over the last year. Overview of results: Group revenue increased 4.3% (2.7%*) to R18 287 million Group service revenue … Read more
Broad-based black economic empowerment share schemes have dominated headlines over the last few years as companies have sought to find a formula that will allow them to increase black shareholders at a reasonable cost. Typically, BEE share schemes are highly leveraged plays on an underlying stake in the empowering company that use dividend flows to … Read more
In this Podcast, our BEE share specialist, chartered accountant Riaz Gardee, guides us through the impact of recent financial results from two of the giants in this sector of the market – Sasol and MTN – if you’re Black and prepared to wait at least three years. Indeed, with MTN’s scheme closing out in 2017 … Read more