Category archives for: Investing

MTN spends R40 billion on network upgrades

MTN South Africa Chief Technology and Information Officer, Giovanni Chiarelli

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MTN has invested over R40 billion ($2,8 billion) in the past four years to build South Africa’s best network, the company disclosed as it announced it was developing a software-defined Wide-Area Network (SD WAN) and re-purposing thousands of sites across the country. The move is aimed at harnessing […]

Zimbabwe sugar farmers dump electricity for solar power

Sugar cane farmers in Chiredzi, Lowveld, Zimbabwe turn to solar energy

from PATRICK CHITONGO in Chiredzi, Zimbabwe CHIREDZI, (CAJ News) – SOME sugarcane farmers in southeastern Zimbabwe are shifting to solar energy to fend off serious shortages of electricity in the country. The power deficit afflicting the Zimbabwe Electricity Supply Authority (ZESA) Holdings is affecting the operations of companies in the country already performing below capacity. […]

SA banks war brings competition but could erode value


by AKANI CHAUKE JOHANNESBURG, (CAJ News) – SOUTH African banks must prioritise value over price in the wake of the so-called pricing war currently waging between the country’s financial institutions. This is according to an industry executive as the ‘war’ elicits debate in the sector. Vanesha Palani, Nedbank Executive: Transactional Products, noted challenging economic conditions, […]

Access Bank receives global sustainability banking award

GMD/CEO, Access Bank Plc, Herbert Wigwe, picks up the Karlsruhe Outstanding Business Sustainability Achievement Awards 2019, in Karlsruhe, Germany, for the 4th time

from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – ACCESS Bank has received its fourth consecutive Karlsruhe Outstanding Business Sustainability Achievement Award at an event in Germany. This is in recognition of his significant contributions to the field of sustainable banking and finance. Herbert Wigwe, the Group Managing Director and Chief Executive Officer of […]

Vodacom announces entry into IoT segment


by AKANI CHAUKE JOHANNESBURG, (CAJ News) – VODACOM, South Africa’s largest mobile network operator has entered the consumer Internet of Things (IoT) market with the introduction of a range of devices allowing customers to connect and monitor their homes, children, pets and possessions. The “V by Vodacom” range of devices include the V-Pet tracker, V-Kids […]

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