Former top bankers Michael Jordaan and Paul Harris are shareholders in a company that has made an offer to buy Wireless Business Solutions (WBS), the company that owns iBurst and Broadlink, TechCentral has established. Technology company Multisource, in which Jordaan and the Harris family
Author: Duncan McLeod
Icasa chairman Stephen Mncube has downplayed the impact of a decision by communications minister Faith Muthambi to ask four of the communications regulator’s councillors to leave before they have served a customary handover period of 45 days. However, in a statement, Mncube does not address the
Broadband Infraco, the state-owned company created by the department of public enterprises in the mid-2000s to challenge Telkom’s then absolute monopoly in national telecommunications infrastructure, has reported a loss of R143m for the year to March 2014. This is a slight
Telkom will not withdraw notices of termination involving 105 staff members, despite a demand from the Communication Workers Union (CWU) that it do so. The termination letters were issued legitimately issued in line with the agreed upon
Communications minister Faith Muthambi has ordered that four councillors at communications regulator Icasa whose terms are ending leave the institution and not stay on for a 45-day handover period, despite the fact that
An unnamed company has made a firm offer to acquire Wireless Business Solutions (WBS), the parent company of iBurst and Broadlink. WBS nonexecutive director David Hilewitz on Monday confirmed that an offer has been tabled, but declined to name the acquiring party, saying
Apple’s new iPhones, the iPhone 6 and 6 Plus, will go on sale in South Africa on 24 October, the company said on Monday. The Californian technology giant announced that the two new phones would be launched in 36 additional countries in the coming weeks. They include nations in Europe, Asia, the Middle
Two of South Africa’s biggest online retailers, Takealot.com and Kalahari.com, surprised just about everyone this week when they announced plans to merge their operations. The proposed deal is surprising because, until now
In this week’s episode of TalkCentral, your hosts Duncan McLeod and Regardt van der Berg talk about the merger of Takealot.com and Kalahari.com and what it means for South Africa’s e-commerce market. Also in this week’s podcast
Telkom’s share price reacted positively on Friday after the telecommunications operator told shareholders that it expects both its basic and headline earnings per share for the six months ended 30 September 2014 to be at least 20% lower than a year ago. “The expected decrease in