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The Public Investment Corporation (PIC) has increased its equity stake in Telkom, effectively restoring the South African government’s majority control over the telecommunications company. This development marks a significant reversal, less than a year after the state relinquished its controlling interest. In a shareholder notice issued on Thursday, 10 July, Telkom confirmed a change…

Phatisa’s Food Fund 2 has finalized the sale of its stake in Deltamune, a South African-based vaccine manufacturer specializing in animal health, to Vaxxinova International, a global player in the animal health sector and a subsidiary of the Germany-based EW Group. While the financial terms of the transaction remain undisclosed, the deal marks a…

Kenyan subscribers to DStv will face higher monthly bills starting August 1, as MultiChoice Kenya implements another round of price increases, continuing a trend that has seen regular hikes over the past five years. The new pricing structure will see subscription fees rise by 4% to 7% across all residential packages. The Premium package, DStv’s top-tier…

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