Telkom says it is confident it can fund its planned growth into an infrastructure company but some market pundits are sceptical of Telkom’s balance sheet. Peter Takaendesa, Head: Equities at Mergence Investment Managers, says that the entity will probably need to sell more assets or allow strategic partners to fund the transition.

‘We want to be number 1 by far’: Prosus looks to benefit from Europe’s hunger for tech champs
Commenting on this week’s announcement by Prosus that it is willing to offer an near 50% premium for the Dutch