Altron’s turnaround under CEO Mteto Nyati is gathering a head of steam. The JSE-listed technology group expects interim headline earnings from continuing operations to surge by as much as 52%.
Author: Duncan McLeod
Duncan McLeod
Duncan McLeod is founder and managing editor of TechCentral. With more than 30 years of experience in technology journalism, he has worked for and contributed to a range of publications, including the Financial Mail, the Sunday Times and the Financial Times.
On TalkCentral this week, Duncan McLeod and Regardt van der Berg unpack Naspers’s decision to unbundle MultiChoice to shareholders and list it on the JSE. What does this mean for the future of the pay-television operator?
Telecommunications & postal services minister Siyabonga Cwele will issue a policy direction to communications regulator Icasa to license “high-demand” broadband spectrum soon.
Apple fans, prepare to have your wallets emptied. South African Apple retailer, the iStore, has revealed the first official local pricing for the iPhone Xs and Xs Max, which will go on sale on 28 September. As expected, they aren’t cheap.
MzansiSat, a new South African venture to build a telecommunications satellite serving the African continent, plans to offer wholesale data to Internet service providers at as little as R25/GB, or even less, when it is launched in a few years’ time.
MultiChoice South Africa CEO Calvo Mawela is confident the pay-television broadcaster can arrest the decline in the number of lucrative DStv Premium bouquet customers on its books.
Despite severe criticism from communications minister Nomvula Mokonyane, the SABC intends pushing ahead with a restructuring that is likely to include retrenchments to reduce its cost base.
Naspers CEO Bob van Dijk, together with Naspers video entertainment CEO Imtiaz Patel and MultiChoice South Africa CEO Calvo Mawela, held a media call on Tuesday morning to discuss the plan to unbundle MultiChoice. Listen to it here.
Naspers has announced it plans to list its video entertainment business on the JSE while at the same time unbundling the unit to shareholders.
The SABC’s plan to cut costs, including going through a possible retrenchments programme, has hit a political brick wall.