The Independent Communications Authority of South Africa has rejected both bids for the 51% foreign equity stake in the second national operator to rival partially privatised telephone fixed-line monopoly Telkom, saying that they both fall short of the criteria.
It appears that South African mobile phone group Vodacom won’t be able to begin operating in Mozambique on April 1 as planned.
The South African Competition Commission confirmed on Tuesday that it has received a complaint against pharmaceutical giant GlaxoSmithKline (GSK) seeking the British drug-maker to allow licensing and manufacturing of life-saving Aids drugs by generic makers.
WEDNESDAY, 10.30AM FINANCIAL shares on the Johannesburg Stock Exchange were much in demand on Tuesday as the rand held its head up against the dollar, pushing the financial and all share indeices to new record highs, ignoring Monday’s huge losses on Wall Street. The all share index ended the day 0,65% or 47,3 points up […]