Author: Duncan McLeod

Shares in Blue Label Telecoms enjoyed a rare upswing on Friday, a day after it issued a trading update that showed its core business continues to perform well despite the ongoing woes at Cell C.

Blue Label Telecoms will take an almost R6.71/share hit to its earnings per share for the full-year to 31 May 2019 thanks to the ongoing woes at Cell C, it warned on Thursday.

Icasa plans to issue an “information memorandum” before the end of the year on the licensing process for high-demand spectrum, finally kicking a process into gear that should have been concluded years ago.

Rain has launched a commercial 5G wireless home broadband service, becoming the first telecommunications operator in South Africa to do so.

EOH Holdings expects to report a headline loss per share of at least R18 for the year ended 31 July 2019, with the number impacted by impairments, it warned shareholders on Wednesday.

US enterprise software giant Oracle has listed South Africa as one of the countries where it plans to invest in cloud data centre facilities before the end of next year.

The JSE warned on Tuesday that Blue Label Telecoms failed to submit its annual financial results on time and that if it fails to do so by month-end, its shares may be suspended from trading.

South Africa’s Rica legislation, which governs the ability of the state to spy on the electronic communications of citizens, is unlawful, the high court in Johannesburg has ruled.

A senior software developer is out of pocket to the tune of R2 000 after his card details were compromised in a malware attack on Garmin South Africa’s website.

Shares in Alviva Holdings rose almost 5% on Monday after the technology group reported full-year revenue up 17% to R15.9-billion. Headline earnings per share climbed 9% to R2.97.