Author: Duncan McLeod

Software services group Adapt IT will return to its strategy of acquisitive growth in its next financial year after it addressed investor concerns about the debt load on its balance sheet.

Adapt IT, the software services company that’s the subject of a takeover bid by Huge Group, has delivered a solid set of interim results for the six months to end-December 2020.

A day after the high court handed Telkom an interdict, halting Icasa from licensing new broadband spectrum at the end of March, Stella Ndabeni-Abrahams has raised mediation as a possible solution to the impasse.

Telkom and e.tv have secured an interdict against Icasa, preventing the spectrum auction planned for later this month from taking place until the merits of their case can be heard by the high court.

E-commerce was one bright spot in an otherwise mostly grim set of results from Walmart-owned retail group Massmart for the 2020 financial year ended 27 December.

Kgosie Matthews, the Icasa councillor who was appointed only reluctantly to the ICT regulator by communications minister Stella Ndabeni-Abrahams, has resigned.

The Internet Service Providers’ Association has called for mediation, rather than litigation, to resolve the stand-off between communications regulator Icasa and telecommunications operators over the looming spectrum auction.

Standard Bank said on Thursday that system problems have caused some its customers to have card transactions deducted from their accounts more than once.

One of the last big hurdles in the way of the rapid commercial deployment of television white spaces Internet access technology in South Africa has fallen.

The SABC wants a new tax on households introduced to fund public broadcasting and to do away with the television licence fee, which few South Africans are paying anyway.