Author: Duncan McLeod

JSE-listed technology services provider Business Connexion has reported a slight decline in normalised headline earnings per share of 20,7c in the six months ended 28 February 2014, from 21,3c previously. Revenue for the period was R3,1bn

Johannesburg executive mayor Parks Tau has promised that his administration will roll out a thousand Wi-Fi hotspots throughout the city before the end of his five-year mayoral term in 2016. He made the pledge in his state of the city address, which he delivered in Soweto on Monday. “This year will see the completion of the roll-out of our

Pick n Pay is expanding its relationship with mobile operator MTN, introducing a new Sim card that will allow consumers to earn free airtime and data when shopping at any of the retailer’s stores. The two companies first forged a partnership in 2010 when they launching Mobile Money, a money transfer

Retrenchments at Nashua Mobile are inevitable following the decision to sell its customer base and to close the business, but parent Reunert says “all options are being considered” to find places for them within the rest of the JSE-listed group and in the broader industry. That’s the word from Reunert spokesman Carina de Klerk

Service provider Nashua Mobile has agreed to sell its MTN and Vodacom subscriber bases to the two mobile operators and is in talks to sell its Cell C subscriber base, too, parent Reunert told shareholders on Monday. Nashua Mobile will receive almost R2,3bn from the sale, before VAT. It appears that the two big mobile

Nashua Mobile will close all of its operations once it has completed the sale of its subscriber base to South Africa’s mobile operators, it said on Monday. The company has promised its customers that they will continue to receive uninterrupted service after announcing that it had reached an agreement to sell most of its subscriber

MTN may have just kick-started a new price war in South Africa’s mobile industry. The telecommunications operator has cut prepaid rates to 79c/minute to all networks, although only on a promotional basis for the next three months, until 9 July. The move comes just two weeks after a high court judge ordered that mobile

Korea’s Samsung Electronics this week began selling its latest flagship handset, the highly anticipated Galaxy S5. Early reviews are already in and, although largely positive, some reviewers are asking if the insane pace of innovation in the smartphone industry in

South African Apple distributor Core Group has been ordered by the Advertising Standards Authority (ASA) to withdraw an advertisement in which it claims that Apple iPads are used four times more than other tablet computers. The order followed a complaint lodged

Fully 19% of South African online banking users have been victims of online fraud such as 419 scams and phishing attacks, up from just 10% a year ago, a new independent research survey shows. Columinate’s 2014 “Internet Banking SITEisfaction” survey, the third it has conducted, shows, too, that the number of