Author: Duncan McLeod

I let out a cynical laugh while watching President Cyril Ramaphosa deliver his state of the nation address in parliament on Thursday evening. By Duncan McLeod.

MultiChoice South Africa will increase the prices of all its DStv bouquets with effect from 1 April 2021, the company’s chief operating officer, Simon Camerer, revealed in an interview with TechCentral on Thursday.

Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core, CEO Mteto Nyati said on Wednesday.

Telkom’s mobile business is still flying. In a financial update for the nine months to end-December 2020, published on Monday, the company said service revenue from mobile soared by more than 40% year on year.

Shares in Mustek leapt by more than 13% on Monday after it told shareholders that its headline earnings per share would more than double in the six months ended 31 December 2020.

Telkom on Friday said Dirk Reyneke will replace chief financial officer Tsholofelo Molefe, who resigned in December to join MTN Group, also as CFO.

In a landmark judgment handed down on Thursday, the constitutional court banned the South African state from bulk surveillance of online communication, preventing security agencies from hoovering up Internet data.

Adapt IT has formed an independent board committee to assess Huge Group’s unsolicited bid to buy the software company in an all-share deal valuing it at R795-million.

Tarsus Technology Group CEO Miles Crisp and financial director Joanne Tanner are stepping from the technology distribution company amid a R185-million takeover bid by JSE-listed Alviva Holdings.

Teraco Data Environments has concluded its biggest fundraising round to date, securing R2.5-billion from Absa and other lenders that will be used to build a giant new data centre east of Johannesburg.