Curro Holdings has walked away from an attempt to acquire rival Advtech, Curro said on Wednesday, sending Advtech’s share price down by more than 3%. It said the offer it made to buy Advtech at R13/share no longer made sense in the face of stiff
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.
The City of Tshwane, working with non-profit Project Isizwe, has increased the maximum speeds on its free Wi-Fi network to 15Mbit/s, the parties said on Wednesday. To date, the average speed for users has been 7Mbit/s, they said. “The network
The department of telecommunications & postal services (DTPS) wants corporate sponsors to help it pay for events meant to schmooze journalists and improve its public image, The Star reported on Wednesday. The newspaper said the department
JSE-listed global technology distribution and services group Datatec, through its Logicalis subsidiary, is acquiring US-based Advanced Technology Integration Group for up to US$42m (about R525m) from a company called MCPc
MTN’s attributable and basic headline earnings per share for the six months ended 30 June 2015 will fall by between 10% and 15%, the telecommunications group warned shareholders on Tuesday. Although
In a positive development for Cell C, ratings agency Standard & Poor’s (S&P) has removed the mobile operator from its watch list for a possible downgrade. This comes, S&P said in a note, after Cell C
Convergence Partners, the investment management firm established in 2006 by businessman Andile Ngcaba, has announced the successful final close of its Convergence Partners Communications
Telkom will open its telecommunications exchanges to Internet service providers using an open-access model in an effort to stimulate demand for fixed-line broadband in South Africa. “To further stimulate access to broadband, we will make making around
Former Telkom chief financial officer Jacques Schindehütte was paid R18,8m in the company’s 2015 financial year, despite leaving its employ last August, just five months into 2015 reporting period. In the year ended 31 March 2015, during which time
Fast-growing online lodging service Airbnb has outlined plans to expand its presence in South Africa. The company’s CEO, Brian Chesky, who was in Johannesburg on Monday, said South Africa is