Related Articles
Top Stories
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Feb 13 2012 07:41
A reader gets advice on quick returns on a lump sum.
Feb 12 2012 15:59
Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.
Johannesburg - South Africa's No. 2 fixed-line phone operator Neotel has secured R8bn in project funding, comprising equity and debt, the company said on Monday.
Unlisted Neotel, which was launched in 2006 and is controlled by India's Tata group, offers corporate and retail phone services in Africa's biggest economy and is trying to muscle into a market dominated for years by Telkom.
Neotel said the debt facility was provided by a consortium of banks and financial institutions in South Africa, adding it would unveil details of the project finance deal on December 10.
- Reuters