SABC group CEO Lulama Mokhobo has cited “exhaustion”, and not her working relationship with controversial acting chief operating officer Hlaudi Motsoeneng, as the reason she is stepping down just two years into a five-year term at the troubled
Author: Duncan McLeod
Vodacom will lose R1bn in the 2015 financial year if the Independent Communications Authority of South Africa’s final termination rates are not challenged and overturned. That claim was made by the operator’s group CEO, Shameel Joosub, on a call to analysts on Wednesday
Despite a sharp reduction in average voice tariffs in the past year, Vodacom South Africa managed to grow service revenues by 0,6%, with lower prices offset by a 23,3% surge in voice traffic and a 31,2% growth in data revenue. Competitive pricing pressures – Vodacom credits its
Microsoft’s board of directors has named Satya Nadella, an internal candidate as its third CEO, replacing Steve Ballmer, who has been in the job since January 2000. The announcement follows an extensive search, both within and outside Microsoft, for a suitable replacement for Ballmer, who announced his
South African-headquartered global technology services group Dimension Data is acquiring “certain subsidiaries” of European multinational communications technology group NextiraOne for an undisclosed sum. The deal is being done in two parts. The first part of the transaction involves
If the 2014 general elections were decided based on the effectiveness of South African political parties’ online presence, the Democratic Alliance would win, although it would only score a D+. This is the conclusion of a study conducting by Strategy Worx, which has launched an online audit
Communications minister Yunus Carrim must implement “remedial steps to arrest the perpetual management crisis at the SABC now that its entire management structure is filled with acting appointees”, said Democratic Alliance MP Marian Shinn. Shinn was reacting to the news
When Times Media Group trumpeted in a statement to shareholders last week that it had acquired 60% of radio station Vuma FM for R25,6m, it failed to inform them of impending litigation against the Durban-based radio station that could jeopardise its future. TechCentral is in
The SABC looks set to be plunged into a fresh leadership crisis. TechCentral can reveal that the public broadcaster will announce later on Monday that its group CEO, Lulama Mokhobo, is stepping down just two years into her five-year term. A statement could be issued as early as lunchtime
Limited trading has begun in Vodacom’s five-year-old, R7,5bn black economic empowerment scheme, YeboYethu, the mobile telecommunications operator said on Monday. Over 100 000 people have a stake in Vodacom South Africa through the scheme. Those shareholders