Author: Duncan McLeod

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

Spare a thought for Shameel Joosub and Zunaid Bulbulia. The Vodacom and MTN chief executives must feel like they’re being unfairly picked on for running successful, profitable businesses. This week, telecommunications industry regulator Icasa published final regulations that will

National treasury is moving ahead with plans to levy value-added tax on digital goods such as music downloads and digital books, with the controversial new rules set to come into effect on 1 April. Government this week published electronic services regulations for public comment. This follows

Cell C employees began moving into the company’s sprawling new campus, built at the confluence of the N1 and N3 freeways in Woodmead, near Midrand, at the end of last year. The 50 000sq m facility includes a main head office facility, a customer service centre, a new national network

Times Media Group has acquired a controlling 60% stake in a KwaZulu-Natal based radio station called Vuma FM. The acquisition comes just a month after it snapped up 65% of Mpumalanga station Mpower FM. The deal is worth R25,6m and Times Media has agreed to provide additional working capital to Vuma

JSE-listed telecommunications operator MTN has named Michael Fleisher to the position of group chief legal counsel, effective 1 February. Described by the group as a “seasoned legal professional”, Fleisher’s appointment is likely to raise a few eyebrows. As Finweek points

T-Systems, a unit of German telecommunications operator Deutsche Telekom, has acquired 100% of South African enterprise information management business Intervate, which employs over 100 people in Gauteng and the Western Cape. The parties

MTN has taken issue with the final call termination regulations announced by telecommunications regulator Icasa on Wednesday, saying the proposed “asymmetry” that benefits smaller operators is “unsubstantiated”. Under the regulations, smaller operators