Author: Duncan McLeod

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

Durban-based Emerge Mobile, the ambitious mobile payments start-up, has launched its smartphone-based mobile payments system. Similar to US-based Square, the payment card acceptance solution allows users to accept card payments using their smartphones. iKhokha, a Cape Town based financial services

Telkom has rubbished claims by a trade union that a jobs bloodbath is looming at the telecommunications operator. The South African Communications Union claimed on Monday that the company intends slashing its workforce in half – firing 9 500 of Telkom’s 19 000 employees – within the

Dark Fibre Africa (DFA) has reached a deal with a syndicate of lenders that have agreed to provide R3,5bn in corporate debt facilities to the privately owned fibre telecommunications infrastructure provider. The funds will be used to replace the company’s project finance funding and invest in new

South Africans love to complain about Telkom. It’s been a national pastime for years. The customer service problems associated with the fixed-line operator are the stuff of legend – and nightmare. So, when Telkom’s CEO, Sipho Maseko, steps up to the plate and promises to fix these deep-seated

It’s the weekend, and that means it’s time for another dose of TalkCentral, South Africa’s leading weekly technology podcast. Your regular hosts Duncan McLeod and Regardt van der Berg pull up a couple of chairs for a discussion on Telkom and the future of its fixed-line business. They also chat about

First National Bank has suspended “some online functionality” while it investigated duplicate transactions on some customers’ accounts. The bank says the suspension will be brief while it reversing affected customer accounts. “Limited functionality will be available on the following

The ongoing decline in the number of fixed lines in service in South Africa, a trend that has been evident for more than a decade now, is a “big concern” for Telkom, but is the result of fixed-to-mobile substitution more than the cost of line rental. That’s according to the group’s chief operating officer