Cell C is technically insolvent, says analyst

A senior market analyst is challenging Cell C’s largest shareholder, Blue Label Telecoms, to provide financial evidence that SA’s third largest mobile operator is solvent. David Shapiro, deputy chairman of Sasfin Securities, says it’s disturbing that shareholders in the mobile operator have chosen silence instead of explaining the future of the company to the markets.…

Internet penetration in South Africa

We Are Social and Hootsuite recently published their 2018 Global Digital suite of reports, visualising data about Internet usage around the world. A global overview and in-depth breakdowns on a country-by-country basis were detailed in the reports, including data on South Africa. Citing the International Telecommunications Union, We Are Social reported that South Africa added…