RINGING CHANGES Planned Vodafone Egypt acquisition strengthens Vodacom’s Africa vision Vodacom Group has received minority shareholder backing to acquire a 55% stake in Vodafone Egypt for $2.7bn. The transaction furthers the group’s ... ambition of becoming one of Africa’s leading telecos. Dobek Pater, a telecoms analyst at Africa Analysis, tells The Africa Report that the Egyptian market could become to Vodacom what Nigeria has been for rival mobile operator, MTN.
CAPTIVE MARKET South Africa: Bain, McKinsey… The role foreign firms played to aid the capture of state-owned firms The Commission of Inquiry led by Justice Raymond Zondo has concluded that state capture took hold in South Africa. The capture of key institutions ... and state-owned entities (SOEs) was enabled and facilitated by foreign firms, including Bain, McKinsey and the now-defunct Bell Pottinger, according to the commission report.
In the neighbourhood South Africa/Zimbabwe: Migrants become political pawns as relationship sours The relationship between Pretoria and Harare, which has been cordial for decades, is deteriorating. Migration, as ever, is high on the list of ... grievances.
On the beat South Africa: How Sino Msolo chartered his own path to fame Sino Msolo was inescapable in 2021. After making the decision to move to Johannesburg from Durban where he grew up, the singer-songwriter set ... off on a scorching feature run that saw him quickly rise into the most in-demand vocalist in the Amapiano scene.
an impasse South Africa: Small business’ ability to create jobs limited by red tape, says Black Business Council
an impasse South Africa: Small business’ ability to create jobs limited by red tape, says Black Business Council
Hot or Cold Trail? South Africa: Doubts over effective clean-up as Zondo report implicates Ramaphosa’s allies Part two of acting Chief Justice Raymond Zondo's report into large-scale corruption under former President Jacob Zuma contains incriminating ... details of how the latter forced appointments to a state-owned entity, which awarded irregular contracts worth R41.2bn ($2.7bn).
Gender Gap South Africa: Five35 Ventures start-up fund seeks $30m to invest in women South African fund Five35 Ventures is seeking to raise $30m over the next three years to invest in women’s start-ups, founding partner Hema ... Vallabh tells The Africa Report.
POLICY PERSPECTIVE How the seeds of South Africa’s growth will be planted, according to finance minister Godongwana The South African government, led by finance minister Enoch Godongwana, is looking for evidence-based and data-driven solutions to economic problems, ... including high unemployment, low growth and endemic poverty.
Chokehold Investors say South Africa’s ports need private investment to break inefficiency logjam Improving South Africa’s ports, which rank among the most inefficient in the world, will need greater private-sector investment, executives ... and investors say. Article 1/4 of "Logistics in Africa"
shareprice shanghai Beijing and Tencent are putting Naspers under increasing pressure The South African group Naspers has completely transformed itself after investing early in the Chinese giant Tencent. However, in recent years, ... the latter's success has created problems. The Chinese authorities, by attacking digital players, have complicated matters.
challenger character South Africa: 10 things about Lindiwe Sisulu, presidential hopeful Tourism minister Lindiwe Sisulu has recently stoked controversy when an article appeared under her name in which, amongst others, she denigrates ... black judges. She appears to be making a move to challenge President Ramaphosa ahead of the ANC's party elective conference in December.