Author: Duncan McLeod

MultiChoice has strongly criticised former communications minister Yunus Carrim, who on Tuesday told the Zondo Commission of Inquiry into state capture that a controversial 2013 channel supply agreement between MultiChoice and the SABC amounted to “policy capture”.

Blue Label Telecoms said on Monday it will report a sharp swing back into profit in the six months ended 30 November 2019 after previously writing down the value of its 45% stake in mobile operator Cell C to zero.

Adapt IT, pressured by a collapsing share price and a sub-optimal balance sheet, is reviewing its capital structure with a view to reducing its gearing – or the proportion of its debt to equity.

JSE-listed software services group Adapt IT has reported a 35% decline in headline earnings per share despite a 10% increase in revenue for the six months to 31 December 2019.

One of South Africa’s highest-profile politicians is quitting Twitter, describing the social media site as an “evil platform” that has “degenerated into a platform for irrationality and mob-lynching”.

Shares in software services company Adapt IT plunged 20% on Monday after it warned shareholders after markets closed on Friday that its interim earnings would take a beating.

Teraco will complete work on the first phase of a massive new expansion to its data centre campus in Isando, east of Johannesburg, by the middle of the year and is looking to complete a second phase by year-end.

In this episode of the podcast, TechCentral interviews Teraco CEO Jan Hnizdo about the data centre operator’s massive expansion of its Johannesburg data centre campus.

Just three months after Google launched its free public Wi-Fi initiative, known as Google Station, in South Africa, the Internet giant is backing out of the business worldwide.

Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.