Author: Duncan McLeod

Multiple sources close to Cell C have rubbished a report that China Mobile is about to strike a deal to buy a stake in the troubled South African mobile operator.

Microsoft said on Friday that it will be bringing its range of Surface hardware devices to South Africa.

Naspers CEO Bob van Dijk said on Wednesday that the South African consumer Internet group remains a committed member of the Libra Association, the organisation overseeing the libra cryptocurrency.

A special meeting of 4Sight Holdings shareholders on Friday looks set to be a fiery affair after a leading director quit on Monday, describing his continued presence on the board as untenable.

Listed software group Adapt IT has delayed publication of its annual results to mid-October and warned of a fall in headline earnings per share.

Telecommunications and technology advisory firm BMIT has warned that South Africa faces complex choices and trade-offs in reaching decisions regarding the awarding of new spectrum licences.

Fibre Internet service provider Cool Ideas has spoken out about a wave of distributed denial-of-service attacks on its infrastructure that have intermittently crippled access for its customers.

TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.

Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.

South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.