Author: Duncan McLeod

Altech’s minority shareholders on Friday gave the nod to Altron to buy them out. The move has cleared the way for Altron to terminate Altech’s listing on the stock exchange in Johannesburg. Altron already holds 61% of Altech. It’s the second attempt in six years by Altron, which

Telkom chief financial officer Jacques Schindehütte has joined the company’s CEO, Sipho Maseko, and chairman, Jabu Mabuza, in snapping up shares in the telecommunications operator. The company notified shareholders on Friday that Schindehütte had bought

Microsoft believes it can use television white-spaces spectrum – gaps in broadcasting frequencies – to deliver uncapped broadband Internet access to South Africans for between R20/month and R50/month. Microsoft South Africa MD Mteto Nyati says the US-headquartered

Newly appointed communications minister Yunus Carrim has said that Telkom must balance the interests of all of its shareholders, including government. He made the remarks in statement following a meeting on Thursday with Telkom CEO Sipho Maseko and chairman Jabu Mabuza. Deputy

The Economic Freedom Fighters (EFF), led by former ANC Youth League leader Julius Malema, has published its founding manifesto ahead of national elections in 2014 that it is expected it will contest. The radically left-wing manifesto, which calls for the

Telecommunications group MTN has announced a major shake-up of executive responsibilities, with a series of new senior appointments at group level and at its key operations in South Africa, Nigeria and Ghana. MTN Ghana CEO Michael Ikpoki has been named as

The Internet Service Providers’ Association (Ispa) has called on parliament to insist that mobile operators provide wholesale access to their data networks to Internet service providers as a meaningful way of reducing the cost to communicate in South Africa. Ispa regulatory head

Vodacom has given its rival Telkom Mobile a bloody nose at the Advertising Standards Authority over a tussle over which operator offers better voice quality, with the authority ordering that Telkom must stop flighting a television advertisement in which it makes claims the authority says haven’t been substantiated

European satellite operator SES has signed a 15-year contract with Platco Digital, the company controlled by Hosken Consolidated Investments through subsidiary Sabido Investments that plans to launch a free-to-air satellite bouquet in South Africa in October called OpenView HD

The average measured speed of Internet connections in South Africa has improved by 16% in the past year, new research from Akamai suggests. However, the country is placed a dismal 80th worldwide, well behind top-ranked countries such as Korea and Japan. According to