Author: Duncan McLeod

Former EOH executive Jehan Mackay has taken centre stage in corruption allegations involving payments to senior ANC figures, including Zizi Kodwa and a former personal assistant to ex-President Jacob Zuma.

After coming under political and union pressure, the SABC board has decided not to proceed with 400 planned job cut – needed as part of a plan to save itself from financial collapse – until at least January.

For the second time in less than two weeks, Vodacom was having major problems with its network in South Africa on Monday. Services were eventually restored on Monday evening.

Takealot.com, South Africa’s largest online retailer, grew revenue by 41% to $238-million, despite being limited to selling only “essential items” during the hard lockdown earlier this year.

Telkom chief financial officer Tsholofelo Molefe has followed CEO Sipho Maseko’s lead in offloading shares in the telecommunications company following publication of its interim results last week.

CIVH, the Remgro-controlled holding company that owns both Vumatel and Dark Fibre Africa, is talking to both local and international investors to raise R6-billion in new funding.

Gianfranco Campetti, a major driving force behind the introduction of South Africa’s new electrical plug and socket standard and a recent guest on TechCentral’s podcast, has passed away.

EOH Holdings subsidiary EOH Mthombo has sold Mars Holdings and its principal business Syntell to a consortium led by current Syntell executive directors for a base price of R211-million.

TechCentral reported on Tuesday that Pick n Pay was set to become the first mobile virtual network operator on MTN’s network. The companies have now published details about the PnP Mobile initiative.

Retail group Pick n Pay will be the first mobile virtual network operator (MVNO) to use MTN South Africa’s newly launched platform to support these types of virtual providers, TechCentral has learnt.