MTN Group's talks to buy South Africa’s Telkom have stalled following a rival deal proposal from another telecom company, people familiar with the matter said.
Global e-commerce giant Amazon.com is on a hiring spree in South Africa, with over 200 positions available in the country - 60 added in the last month.
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Writing in her weekly letter, the chief executive officer of Business Leadership South Africa (BLSA) Busi Mavuso said that the dismissal of the country and high unemployment rates are directly connected to the crippling of the economy.