BizBriefing: Opec+ not positive; Vodacom; Zondo; US rally on Moderna vaccine
Moderna says early data show its Covid-19 vaccine is 94.5% effective, joining Pfizer as a leader in the race to end the pandemic.
Moderna says early data show its Covid-19 vaccine is 94.5% effective, joining Pfizer as a leader in the race to end the pandemic.
Vodacom has seen soaring data usage in South African homes. Focus has turned to spectrum auctions and licence bids.
Nedbank’s chief financial officer Raisibe Morathi, who led a team of 900 people, has resigned to join Vodacom in a similar position.
Vodacom says Raisibe Morathi has been appointed its new Group CFO, effective 1 November 2020, when she will also be appointed to the Vodacom Group Board.
SAA’s R10bn business rescue plan is ready for implementation say the state-owned airline’s administrators. But funding still needs to be found.
The IMF says SA is resilient enough to overcome the impact of Covid-19 as long as it recalibrates its policies toward economic growth post the crisis.
Vodacom has also applied to the Independent Communications Authority of South Africa for temporary additional spectrum.
With nano lending Vodacom plans to give people $2 or $3 loans to buy food when needed, which they must pay back within a few days.
Eskom will be the “death knell” for South Africa’s mining industry unless the government enables mines to produce their own electricity, says Exxaro CEO Mxolisi Mgojo.
Vodacom said to be in talks with Cell C to take over its contract-paying customers, a move that would strengthen its position as SA’s telecom market leader.