Renowned economist Dawie Roodt warned that South Africa is facing a very difficult few years, with high inflation, increased taxes, and a government causing immense economic damage.
South African telecommunications giant Telkom is “primed for merger and acquisition”, with many companies interested in various parts of its business and some in the entire company.
Vodacom and Vumatel-owner Maziv have said they will forge ahead and make their case before the Competition Tribunal to allow the two companies to merge their fibre networks.
Vodacom is a more attractive investment opportunity than its long-time rival MTN right now, as its network is proving more resilient to load-shedding and less exposed to fluctuations in foreign exchange rates.