Phillip De Wet
Guest Author
No image available
/ 28 June 2005

MTN to tackle Telkom?

Will MTN buy into the second national operator (SNO), which is due to start competing with Telkom over the next year? History and some pointers say yes. MTN isn’t saying. JSE Securities Exchange analysts think probably not. A minority stake held by MTN would be a boon for consumers, however.

No image available
/ 24 June 2005

Outside the Laager

Under South Africa’s old regime the Afrikaans magazine market was fiercely contested territory. Rich, white, homogenous; the coloured community was ignored and it was an advertiser’s dream. Naspers built a mighty empire out of serving it, and over the years many others shared in the loot.

No image available
/ 10 June 2005

Telkom basks in profits

Telkom’s share price hit an all-time record high this week as the company reported massive profits for its last financial year. Shareholders — who will be getting a R9 dividend for shares some bought for less than R30 — were delighted. Politically, the results were more ambiguous, with Telkom customers grumbling about being overcharged and the Democratic Alliance calling the results "embarrassingly good".

No image available
/ 7 June 2005

Whitehouse consortium bags Sasani

A group led by current CEO James Whitehouse has been selected to buy movie company Sasani’s remaining assets for around R130-million. The deal still requires regulatory and shareholder approval but could be concluded shortly. Sasani announced recently that the Whitehouse consortium was the preferred bidder for its assets.