Samsung warned this week that its earnings in its most recent financial quarter were likely to have tumbled by as much as 26,5% – the third straight quarter of decline – in part because of a glut of unsold smartphones and growing competition from Chinese manufacturers. These must be troubling times for the
Author: Duncan McLeod
Imagine being able to watch the latest hit shows on South African television just hours after they’ve been aired in the US. That’s what local pay-television viewers can now look forward to. Due to the growing threat posed by online piracy, M-Net, the pay-TV operator in the MultiChoice stable has announced it will
Welcome to another episode of South Africa’s leading weekly technology podcast, TalkCentral. In the show this week, your hosts Duncan McLeod and Regardt van der Berg talk about the unfolding crisis at the SABC and what it means. Also this week, they take a look at the new entrant in South Africa’s smartphone
Public protector Thuli Madonsela has decided to conduct a fresh probe into the appointment of the controversial Hlaudi Motsoeneng to the post of chief operating officer at the SABC, Business Day newspaper reported on Friday. The investigation will look into whether Motsoeneng has the right qualifications
MTN has launched a concentrating solar cooling plant at its head office in Roodepoort, west of Johannesburg. The plant will be used to cool the company’s data centres. The facility generates enough electricity to power 350 average-sized homes. The plant uses a technology called Linear Fresnel
Telkom has slammed trade unions for spreading disinformation about restructuring at the telecommunications operator, dismissing as “baseless” claims made this week by Solidarity and the South African Communications Union. Sacu has warned that Telkom could be planning to dismiss
Samsung Electronics warned its operating profit could fall a two-year low in the second quarter as it grapples with a slowdown in its smartphone business among other challenges – so are the South Korean tech giant’s best days behind it?
JSE-listed EOH Holdings is hoping to attract American investors. The IT services company has launched an American depository receipt (ADR) programme in the US. “The launch of our ADR programme will enable international investors interested in companies in emerging markets to more easily invest
The rocket that is Telkom’s share price shows no sign of running out of fuel. On Tuesday, the counter hit the R50 level for the first time in more than five years on investor optimism of a sustained turnaround. The bullishness about the company’s outlook has pushed it market capitalisation above
Capital Eye Investments, the company that emerged out of what was left of JSE-listed UCS Group after Business Connexion acquired its services businesses four years ago, plans to launch a private equity fund to invest in start-ups and established technology businesses. Capital Eye