SA Money Daily | Turkcell vs MTN: Billion-dollar lawsuit over Iranian licence heads to appeals court

The powerhouse behind Matla's turnaround: An Eskom success story

SA Money Daily The biggest business, economic and market news of the day. AHMED AREFF, BUSINESS DEPUTY EDITOR Turkcell vs MTN: Billion-dollar lawsuit over Iranian licence heads to appeals court Turkish telecom giant Turkcell's lawsuit against MTN over a 2004 Iranian mobile operator licence is back in court this week - possibly its last chance to prove it was ousted illegally from the deal.     For well over a decade, Istanbul-headquartered Turkcell has argued that MTN hatched a plot around 2004 to overturn the results of a public tender for Iran's first private mobile licence.   It has accused the SA mobile operator of paying off senior Iranian and South African officials to illegally oust it from the company that would later become MTN Irancell. MTN has consistently denied any wrongdoing, saying there is no proof it used underhand means to secure its 49% stake in the mobile operator. Read More COMPANIES KZN development finance agency has its financial services licence suspended The Financial Sector Conduct Authority says its supervision has shown that Ithala does not meet the necessary financial soundness requirements under the FAIS act. Sponsored | Afrika Tikkun celebrates 30 years of impact: From Cradle-To-Career Afrika Tikkun, a leading youth development non-profit company (NPC), marks its 30th year anniversary. Celebrating a legacy of creating holistic development and sustainable impact, the organisation is tackling South Africa's (SA's) socio-economic disparities head-on and fostering an equitable society. The powerhouse behind Matla's turnaround: An Eskom success story Maserati Lesalong, once a girl from Ga-Rankuwa who climbed Eskom's engineering ladder, is the powerhouse behind Matla power station's remarkable turnaround. There's no dagga here, says Camps Bay restaurant after 'perplexing' eviction order A Camps Bay restaurant accused of planning to host a cannabis smoking lounge says it will fight a "perplexing" eviction order, insisting it is just a "family-friendly" establishment. You've installed solar panels - what to know about the tax break you may get If you haven't yet installed home solar, it's too late for a tax credit. But there's still a chance to claim some sizeable benefits for business tax installations. Kokkie Kooyman | Ten lessons on life and investing from Buffett and Munger For Warren Buffett and Charlie Munger, poring over balance sheets was not enough. Kokkie Kooyman explores their philosophies on investing and life. Transnet train parts: Collaboration unlocks some critical spares, but still a way to go Some critical spare parts are being sourced through collaboration with industry, but Transnet says a fuller solution is still in development. Blow to Steinhoff successor as US wants to block Tempur Sealy's takeover of Mattress Firm Plans by Steinhoff's low-profile successor, Ibex, to pay off debt by selling its stake in Mattress Firm have hit a snag after US authorities moved to block the deal. DOWNLOAD THE NEWS24 APP CONNECT WITH US

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