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People who enjoy outdoor trips often look for small add-ons that make travel calmer and more comfortable. One of the most common add-ons is an awning that fits onto the side of a car. A strong awning gives shade, offers a break from sun, and creates a small covered space that feels steady during long …
Government welcomes the latest Gross Domestic Product (GDP) results released by Statistics South Africa today (2 December 2025), showing that the economy grew by 0,5% in the third quarter of 2025. The growth marks the third consecutive quarter of growth following the 0,9% expansion in the second quarter. The continued improvement reflects the resilience of …
Cricket South Africa (CSA) confirms the immediate dismissal of Northern Cape Cricket (NCC) Chief Executive Officer Thapelo January and Northern Cape Heat Team Manager and former NCC Director and Finance Committee Chair, Mbulelo Bosman.
The post Senior Northen Cape Cricket Employees Dismissed first appeared on Cricket South Africa.
US President Donald Trump decreed on social media that South Africa would not be included in 2026’s G20 meetings after refusing to handover the presidency to a diplomat in his absence. ALSO READ: Trump’s attempt to exclude SA from G20 ‘regrettable’ – DA But Dangor said the US does not have the prerogative to exclude …
President Cyril Ramaphosa has used his official dinner remarks in Maputo to underscore Mozambique’s growing significance as South Africa’s leading economic partner on the continent, saying the two nations are one people bound by history and now firmly focused on shared prosperity. Speaking on the eve of the fourth South Africa-Mozambique Bi-National Commission (BNC), President …
Vodacom Group (www.Vodacom.com), a leading pan-African telecommunications group, today announced a transaction that would significantly increase its ownership in Safaricom, reinforcing its commitment to the East African markets of Kenya and Ethiopia.
Under the terms of this transaction, Vodacom has entered into an agreement with the Government of Kenya to acquire 15% of Safaricom PLC and an additional 5% from Vodafone at KES34 per share, valuing the deal at $2.1 billion (R36 billion). Should the transaction receive requisite approvals from regulatory and governmental authorities in Kenya, Ethiopia and South Africa, this will see Vodacom's stake in Safaricom - which will remain listed on the Nairobi Stock Exchange - increase from 35% to 55%.
The move is a key milestone in Vodacom's Vision2030 strategy, which includes deepening its leadership in Africa's high-growth markets and scaling its diversified portfolio. In accordance with International Financial Reporting Standards (IFRS), Safaricom's financial results will transition from being accounted for on an associate basis to being fully consolidated, increasing Vodacom Group's revenue towards R220 billion.
“This landmark transaction will mark a pivotal step in Vodacom's journey to accelerate growth and deepens our impact across Africa,” said Shameel Joosub, CEO of Vodacom Group. “Acquiring a controlling stake in Safaricom strengthens our position as a market leader, while at the same time unlocks new opportunities to drive digital and financial inclusion at scale in Kenya and Ethiopia. Safaricom's outstanding track record and differentiated growth outlook perfectly complement our Vision 2030 ambitions, empowering us to deliver sustainable value for all stakeholders and to connect millions more people for a better future. I look forward to working even closer with the Safaricom team and taking some of the learnings from their success and leveraging it across the Group.”
Commenting on the transaction, Peter Ndegwa, Safaricom CEO, said: “Vodacom has been a trusted partner in Safaricom's journey from the very beginning, and we welcome their continued commitment and long-term investment in our business. Their confidence in Safaricom is a testament to the strength of our people, our strategy, and the opportunities ahead. We look forward to deepening our collaboration as we continue to scale innovation, expand regionally, and deliver transformative digital and financial services to our customers.”
Safaricom is widely regarded as one of Africa's most attractive assets, combining telecommunications, fintech and technology services. It has consistently delivered strong financial results, with industry-leading margins and resilient cash generation. Through the flagship platform M-Pesa in Kenya, it drives high-growth fintech revenue, while expansion opportunities in Ethiopia and a growing suite of cloud, IoT and enterprise services position Safaricom for continued growth.
On behalf of the Government of Kenya, Hon. John Mbadi, Cabinet Secretary for The National Treasury and Economic Planning, said: “This transaction is one of the first steps in the President's stated agenda of innovatively unlocking capital, without increasing taxes or the countries debt burden, to allow additional investment in critical infrastructure to support future growth. Safaricom has been, and continues to be, a key strategic investment for us, as we are retaining a 20% stake as well as board representation.”
This transaction underscores Vodacom Group's vision of converting scale, customer momentum, and strategic investments into sustainable value for all stakeholders, while staying true to its purpose of connecting people to a better future.
Distributed by APO Group on behalf of Vodacom Group.
Four of five top South African banks have reduced their branch footprints substantially over the past decade, while one has significantly expanded its branch network over the same period. Absa, FNB, Nedbank, and Standard Bank have significantly reduced their branch numbers over the past decade, with Nedbank shutting down the most branches at 194. The …
The Centre for Biological Control releases about 20,000 water hyacinth hoppers as part of their biological control strategy
In his less than two years at the helm of Home Affairs, Dr Leon Schreiber has focused heavily on beating the department’s IT gremlins and spearheaded the rollout of several digital innovations. The 37-year-old is currently South Africa’s second-youngest minister, with only his fellow Democratic Alliance party member and basic education minister Siviwe Gwarube being …
Malcolm Libera ·3 Dec 2025 Eight cargo shipping companies have been referred to the Competition Tribunal for alleged price fixing. These shipping companies include Maersk, Mediterranean Shipping Company (MSC), CMA CGM, Pacific International Lines, Mitsui, Evergreen, COSCO, and K Line Shipping. The companies allegedly fixed rates for the transportation of goods between Durban and several …
South Africa is not only intensifying efforts to root out corruption but is proactively “building firewalls against it”, says Public Service and Administration Minister Mzamo Buthelezi. The Minister launched International Anti-Corruption Day in Pretoria on Wednesday, where he emphasised that South Africa is moving towards a “cleaner and accountable State”. “For South Africans, this launch …
At various points over the last 12 months, the relationship between the United States and South Africa has been described as having hit an ‘all-time low’. Now, it may have reached the actual low point. Following the US’s no-show at the G20 in Johannesburg and US President Donald Trump’s promise to ban South Africans from …
Statement by Jan de Villiers MP – DA National Spokesperson: The DA has always and will always defend the rights of schools to determine their own language policy as enshrined in law. It is unfortunate that there has been a deliberate distortion in reporting that former Model C schools are being targeted by the Minister …
·3 Dec 2025 The UK may extend a $1 billion (R17 billion) debt guarantee to help South Africa with its transition to a greener economy as it nears expiry without having been used. The guarantee was approved in late 2023 and is scheduled to expire at the end of the year, even as South Africa …
Content producers get away with fake news and clickbait
The Organisation Undoing Tax Abuse (Outa) says it is considering legal action against municipalities that require sign-off by Engineering Council of South Africa (Ecsa) members for home solar power systems. The organisation previously put pressure on Eskom to scrap this requirement for its direct customers, arguing that it was not necessary from a technical or …
Dado Ruvic/Reuters The National Consumer Commission (NCC) has launched a probe into Chinese e-commerce giants Shein and Temu. Responding to questions from TechCentral on Wednesday, Prudence Moilwa, head of complaints and investigations at the commission, said the inquiry relates to possible violations of “various provisions” of the Consumer Protection Act (CPA). “The investigation was launched …
Standard Bank, which was appointed as an advisor by Maziv regarding Vodacom’s acquisition of a stake in the company, has announced the financial close of the R11.5-billion deal. The deal saw Vodacom acquire a 30% stake in Maziv, the parent company of Dark Fibre Africa and Vumatel. Maziv CEO Dietlof Mare said the company is …
You will need to earn at least R65,000 per month to afford the new Geely E5 EM-i on a finance plan, according to a calculation by TopAuto. Geely is the latest Chinese car brand to open its doors in South Africa, brining with it two new models – the E5 and the E5 EM-i. The EM-i is …
Staff Writer ·3 Dec 2025 Following two consecutive quarters of declines, the RMB/BER Business Confidence Index (BCI) for the fourth quarter of the year is pointing up. The index rose by five points to 44 in Q4 2025, putting confidence three points above its long-term average. This means that 44% of respondents are satisfied with …
Media briefing remarks by President Cyril Ramaphosa on conclusion of the 4th Mozambique-South Africa Bi-National, Maputo Your Excellency President Daniel Chapo,Honourable Ministers,High Commissioners,Senior officials,Members of the media,Ladies and gentlemen, Good Morning. We have just concluded a successful 4th Session of the Bi-National Commission between South Africa and Mozambique. President Chapo and I concur that we …
Presented by the KT Wong Foundation, Gavin Rajah and Opera UCT, in aid of Opera UCT featuring singers and baroque instrumentalists conducted by Jeremy Silver. St George’s Cathedral, Cape Town will be transformed into a palace of sound on Friday, 19 December, when Opera UCT singers and a baroque ensemble under the direction of Professor …
Staff Writer ·3 Dec 2025 The South African Revenue Service (SARS) is swooping on crypto traders in South Africa, following moves by tax authorities globally to intensify scrutiny over trades. South Africa has adopted the Organisation for Economic Cooperation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) and an updated Common Reporting Standard (CRS). According to …
Hyacinth and sewage are destroying the Blowy wetlands