Vodacom’s parent company, Vodafone wins big in Ethiopia Ethiopia awarded a new telecommunication license to a consortium including the UK’s Vodafone Group Plc, paving the way for a long-awaited opening of the sector to outside investors. The government also called off the sale of a second new permit, but will invite fresh bids from international...
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Discovery Health Increases Medical Aid – Report
According to Moneyweb, Discovery Health Medical Scheme (DHMS) will increase the contributions on all plans by 5.9% from July 1. This comes after it deferred any increases in January for six months. It was the “first and only” open medical scheme to do so. It says the 5.9% increase “recognises the full impact of medical inflation...
Telecoms Magnate Strive Masiyiwa Named first Black Billionaire in United Kingdom (UK)
Zimbabwean businessman and telecoms tycoon Strive Masiyiwa has been named the first black billionaire in the UK. According to The Sunday Times Rich List, Masiyiwa has become the first black billionaire to break into with his wealth estimated to be £1.087 billion. Strive is the founder and chairman of Econet Group, a telecommunications and technology group with operations...