JSE-listed telecommunications specialist TeleMasters Holdings has reported an operating loss of R5,5m in the year ended 30 September 2012 from a profit of R14,4m last year. The decline in operating profit came on the back of a sharp fall in revenue, with sales slumping from R268,1m in 2011
Author: Duncan McLeod
MTN has named Pieter Verkade, currently CEO of MTN Cyprus, as the group’s new chief commercial officer, effective from February 2013. Verkade will replace Christian de Faria, who retires in January after six years with the mobile telecommunications group. In his new role, Verkade
After considerable debate about this list between TechCentral’s editors, we have settled on our South African Newsmakers of 2012. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year. Also
South Africa finally has the regulations in place that will guide the country’s migration from analogue to digital terrestrial television and the good news for telecommunications operators is that a big chunk of the spectrum that will be freed up through the process has been reserved for broadband. The
Former Absa deputy CEO Louis von Zeuner — known to his colleagues in the banking industry as “King Louis” — has been named as one of five new business leaders who have joined the board of the partially state-owned telecommunications operator Telkom. Von Zeuner, who is highly respected in the
An “independent forensic investigation” that reportedly “vindicates” communications minister Dina Pule over the controversial ICT Indaba was commissioned and paid for by Phosane Mngqibisa, the minister’s alleged romantic partner who newspaper reports have suggested looted
Net1 UEPS Technologies, the company facing a corruption probe by US authorities, including the Securities & Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI), has itself filed a R478m lawsuit against Absa subsidiary AllPay. AllPay, a unit of banking group
Primedia-owned cinema chain Ster-Kinekor is investing R180m over a 12-month period in decommissioning all of the 35mm film projectors in its movie houses around the country and in replacing them with newfangled digital projectors – and, in some cases, fancy new surround-sound audio systems, too
Classifieds website OLX has come top of Google’s list of South African searches in 2012, while the late Whitney Houston was the second most searched term.
The search terms are included in Google’s annual “Zeitgeist” lists, where the Internet company publishes the most searched for terms around the
LinkedIn, the online network for business professionals, says it signed up its two millionth South African user on Tuesday. The US company, which is listed on the Nasdaq in New York with a market capitalisation of US$12bn, says it has 187m members in more 200 countries. It says the three biggest