MTN refutes second Telkom buyout bid
Telkom is a business with good assets but there is no offer or official discussions at the moment, says MTN.
1:10
SA’s Telkom confirms takeover bid discussions with former CEO
The company says the merits of the bid are being assessed by its board of directors in accordance with its fiduciary duties.
2:40
Africa’s Largest Asset Manager PIC Leads Pension Funds Investing in Continent’s Infrastructure via AFC
PIC has given formal notification to make a US$100 million equity investment in the AFC.
3:30
AYO won’t be distracted by market talk
Company determined to tell what it believes is a good story as it launches R200-m fund to support African start-ups.
3:40
MTN dismisses claims of shareholder meddling
Operator responds to media reports its biggest shareholder PIC is pressuring for changes to its board.
1:20
PIC backs Vodacom-Safaricom deal
The major Vodacom shareholder has expressed its support for the R35 billion deal and plans to vote in favour of it at a future general meeting.
2:10
Allied Mobile Africa and PIC sign $55 million agreement
Funding will be used to support Allied Mobile Africa’s expansion plans on the continent.