Author: Duncan McLeod

Thami Mtshali has stepped down as CEO of iBurst parent Wireless Business Solutions (WBS), with financial director Clinton Holroyd being named acting CEO. WBS nonexecutive director David Hilewitz confirmed a report on Wednesday that

Vodacom has announced plans to launch fibre-to-the-business (FTTB) services in South Africa, starting with selected business parks in Gauteng, Cape Town and Durban, which will get access to broadband speeds of up to 100Mbit/s

JSE-listed technology services group EOH has turned in a solid performance in its 2014 financial year. In the 12 months to 31 July 2014, it lifted headline earnings per share by 32% to R4,47 on the back of a robust improvement in revenue, which rose by 42% to R7,2bn. Profit after tax increased by 48%

There was more good news for JSE-listed Pinnacle Holdings on Tuesday after the Financial Services Board (FSB) announced it was dropping an insider trading investigation into share trades by company executives in March 2014. At a meeting on Tuesday, the FSB decided to close the

Online video-on-demand services in South Africa will remain a relatively niche service until the cost of data connectivity falls to levels that are affordable for the mass market. That’s the view of advisory and services firm International Data Corp, which believes that despite

Vumatel, the telecommunications start-up building a fibre-to-the-home (FTTH) network in the upmarket Johannesburg suburb of Parkhurst, has unveiled plans to build similar networks in 42 suburbs across Johannesburg and Cape Town. The decision to expand the roll-out follows what Vumatel

Telkom has appointed long-serving executive Deon Fredericks as its new chief financial officer with immediate effect. He had been acting in the position since October 2013 following the suspension of former CFO Jacques Schindehutte, who stepped down recently. Fredericks has acting as CFO

MWeb Business, a division of Naspers-owned Internet service provider MWeb, has launched a suite of satellite broadband products that provide uncapped Internet access to South African consumers. MWeb, which pioneered uncapped fixed-line broadband in South Africa

Frustrated traders have been unable to buy and sell shares on the JSE after a “network issue” floored the stock exchange on Monday morning. “Due to a network issue, the equity market opening will be delayed this morning,” the bourse said on Twitter soon after the market

Cell C’s leadership team must feel like it’s on a roller coaster ride it can’t get off. One moment it’s shrieking in delight as its regulator, Icasa, gives it a significant price advantage over its bigger rivals; the next it’s crying out