Author: Duncan McLeod

Andile Ngcaba’s Convergence Partners is investing $20m (about R255m) in Venture Garden Nigeria (VGN), a diversified financial technology company with operations in Africa’s most populous market. The “strategic minority” stake is being bought

Google announced a significant restructuring overnight, with a new holding company, Alphabet, to hold the search engine and other assets in the technology group. Google CEO Larry Page will become Alphabet’s CEO, with Sundar Pichai to take over as CEO

Finally, there’s a move to try to do something about the dysfunction crippling the department of telecommunications & postal services. The mess at the department has become a barrier blocking the development of South Africa’s information and

Telecommunications & postal services minister Siyabonga Cwele has suspended the department’s director-general, Rosey Sekese. The move comes after Sekese was given 72 hours to provide reasons why

Telkom has received the go-ahead from the Takeover Regulation Panel and the JSE for its R2,7bn all-cash acquisition of IT services group Business Connexion (BCX), meaning it has now received all of the necessary regulatory approvals. The news comes in the

Unsurprisingly, former Microsoft CEO Bill Gates and former Oracle CEO Larry Ellison top the list of the richest people in technology, but did you know that Amazon CEO Jeff Bezos is in third place after a recent surge in the value of the online retailer’s

MTN is prepared to open its mobile network on a wholesale basis to competitors, but can only consider doing so once government has issued it with additional radio frequency spectrum. MTN South

Afrihost is in talks with alternative providers of wholesale data because MTN is not prepared to continue providing data to the Internet service provider, which it bought in 2014, at below cost. “Let me

The terms that the Competition Tribunal has imposed on Telkom and Business Connexion (BCX) over their impending merger are not an “undue burden” and the parties were happy to accept them

The high-capacity Africa Coast to Europe (Ace) undersea cable will be extended to South Africa, with construction set to begin in the first quarter of 2016. This is the word from MTN Group CEO Sifiso