Telkom’s share price climbed marginally on the JSE on Tuesday after a report overnight suggested it may be in discussions with an investment group from Southeast Asia that may be prepared to invest up to US$3bn into the operator’s struggling mobile division. According to a
Author: Duncan McLeod
In recent weeks, I’ve been fortunate to meet a range of really smart South African entrepreneurs who are doing incredibly exciting stuff in the technology space, often with relatively few resources. Despite all the doom and gloom that is our politics, and despite the poor state of
Emerge Mobile, an ambitious start-up based in Umhlanga, north of Durban, has developed a smartphone-based mobile payments system similar to the US solution Square, and has secured certifications from international bodies. It now plans to launch
Want access to as many as 12m Wi-Fi hotspots around the world, free of charge? That’s effectively what Naspers-owned Internet service provider MWeb is promising as part of a deal it’s signed with Spanish company Fon, which claims to offer the world’s
The disciplinary hearing involving suspended Telkom chief financial officer Jacques Schindehütte will begin in Johannesburg tomorrow, Thursday, the telecommunications operator has said in a statement. “This disciplinary hearing is the outcome of a process that
Johannesburg- and London-listed technology group Datatec has named its chief financial officer, Rob Evans, as its new operations director. He will take on the new role with effect from 1 June. Evans will be replaced in the finance role by Jurgens Myburgh, who will join Datatec
Suspended Telkom chief financial officer Jacques Schindehütte has a “fiduciary duty” to repay R6m he was loaned by the company so that he could buy shares. The telecommunications operator says in a statement that the loan was granted in a manner that
Telkom’s share price touched a fresh 52-week high on Monday as investors continued to pile back into the company on the expectation that it will begin to deliver on a promised turnaround in its fortunes in 2014. In intraday trading on Monday, Telkom was trading as high as
The Democratic Alliance will break up the SABC into various commercial entities and sell these to the highest bidder should it be elected to national government after the 2014 general election. The plan to privatise the SABC’s assets is contained in the DA’s policy on information and
Last year proved to be a little quiet on the technology front. Internationally, there were few major developments, at least in consumer electronics. Manufacturers continued to refine their televisions, smartphones, notebooks and tablets rather than cracking