The Week That Was

Consolidating ICT Industry News
Takealot under fire
Takealot is under siege with increased competition, margin pressure, mounting losses, and new Competition Commission action, which is set to disrupt its business.
Daily Investor
Shaun Jacobs
Some retail stores in South Africa are going cashless
Shoprite Group launched its first cashless store in Durbanville, Cape Town late last month, in what may be the start of a trend.
TechCentral
Nkosinathi Ndlovu
Intelsat invests in lower orbits as SpaceX upends sector
Intelsat, the world’s biggest geostationary satellite operator, is making a series of bets on companies that focus on handsets and lower orbits as the older industry players are trying to keep up with upstarts like Elon Musk’s SpaceX.
TechCentral
Thomas Seal
Blue Label seeks new strategic investor for Cell C
Blue Label Telecoms, which is seeking control of Cell C, plans to bring in a new strategic investor into the mobile operator.
TechCentral
Duncan McLeod
Ethio Telecom launches commercial 5G in Ethiopia
Ethiopian state-owned telecom operator Ethio Telecom has launched commercial 5G services in the country.
Connecting Africa
Matshepo Sehloho
Liquid launches Kenya-Ethiopia, Zambia-Malawi fiber routes
Liquid Intelligent Technologies has announced the launch of two new terrestrial fiber routes – Kenya to Ethiopia and Zambia to Malawi.
Connecting Africa
Paula Gilbert
Rain now valued at twice Telkom’s market cap
Rain shareholder African Rainbow Capital Investments has valued the wireless broadband upstart at R22.2-billion.
TechCentral
Duncan McLeod
MTN deploys 5G to bring economic growth to Africa
MTN is launching 5G in many African countries to drive digital transformation across the continent.
MyBroadband
Bradley Prior
Spar CIO resigns amid botched SAP project
Spar Group’s CIO, Mark Huxtable, has resigned from the South African food and liquor retailer, not long after a rocky implementation of a R1.8-billion software system.
TechCentral
Loni Prinsloo
Blue Label could consider delisting
Blue Label Telecoms co-CEO Mark Levy said delisting the company from the JSE will be considered if it makes sense for shareholders.
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