South African Reserve Bank governor Lesetja Kganyago on Thursday announced a 50 basis point increase in the repurchase rate to 6,75%, in line with the consensus. This means the prime lending rate will now be 10,25%. Lending rates have risen by a
Author: Agency Staff
Two card cloners have been sentenced to a combined 18 years in jail by a Durban court, the National Prosecuting Authority said on Thursday. The Durban commercial crime court sentenced Luyanda Sapho, 34, to eight years, and Kinen Sithole, 33, to 10 years on Wednesday
The City of Cape Town has decided to donate cellphones impounded from motorists rather than auctioning them off. City officials confirmed on Tuesday that the change came about because of mobile technology developments that impact on the value of
Communications regulator Icasa said it plans to launch an inquiry in the next financial year to look at the impact of over-the-top (OTT) services such as WhatsApp and Skype on the data services market. Icasa chief operating officer Willington Ngwepe said
South Africa has moved from 67th to 61st place on Transparency International’s Corruption Perceptions Index 2015. This indicated that perceptions around the extent of corruption in the country was stabilising. The country’s score
The Opposition to Urban Tolling Alliance (Outa) said it is “astonished and incensed” by acting chairman of the parliamentary portfolio committee on transport Leonard Ramatlakane’s assertion that the civil rights body is not opposed to Gauteng’s e-tolls. Ramatlakane said in a
Over-the-top platforms such as WhatsApp and Skype don’t pay taxes in South Africa, says mobile network MTN. MTN’s corporate services executive, Graham de Vries, made this claim in a presentation at a parliamentary meeting on Tuesday. The meeting discussed
A single mother should not have to worry about having enough funds to pay for e-tolls at the end of the month, on top of everything else. This was one of the arguments that the
Parliament’s discussions about regulating over-the-top services kicked off on Tuesday with an expert saying that networks fear becoming pure infrastructure players. OTT services such
A media alert sent out by parliament on 14 January about a meeting to discuss possible regulation of over-the-top (OTT) services like WhatsApp was unauthorised, according to an MP. Last week, parliament’s portfolio committee on telecommunications