Shares in technology and media giant Naspers came under selling pressure late on Friday afternoon after it announced plans to raise as much as US$2,5bn (about R36bn) through a capital-raising exercise. Shares in Naspers were trading down by almost 4% shortly
Author: Editor
IT services company Business Connexion (BCX) has acquired ANCO-IT, a specialist provider of Oracle business solutions, for an undisclosed sum. BCX CEO Isaac Mophatlane said the
Times Media Group has announced that Phylicia Oppelt is stepping down as editor of South Africa’s largest-circulation newspaper, the Sunday Times. She is being replaced by Daily Dispatch editor
South Africa is likely to have more than 360 000 active fibre-to-the-home (FTTH) connections by 2019, new research has found. According to BMI-TechKnowledge, which has published a new report entitled “The Fibre Land Grab: the Status of FTTx in South Africa”, open
Cell C has demonstrated download speeds across an LTE Advanced network at the AfricaCom trade show in Cape Town of as much as 138Mbit/s. The operator can’t, however, deploy the technology without
Blue Label Telecoms chief operating officer Mark Pamensky has resigned “to pursue personal business interests”, the JSE-listed group said on Monday. Although he has informed the board of
The development of smarter and more pervasive artificial intelligence (AI) is about to shift into overdrive with the announcement by Google this week that TensorFlow, its second-generation machine-learning system, will be made available free to anyone who wants
JSE-listed companies are not making sufficient use of Twitter as a platform to help people, including those in the financial community, get a better understanding of their businesses. That’s the finding of new research by FTI Consulting, which evaluates
Following the surprise news on Monday morning that MTN Group CEO Sifiso Dabengwa is “resigning” with immediate effect, the telecommunications operator has issued the following statement: MTN wishes to inform the market that MTN’s
MTN Zakhele shareholders felt the impact of the MTN Nigeria fine scandal on Thursday, with the share taking a 26% hit before it had even begun trading on the JSE. After the kudu horn was blown by board chair Sindi Mabaso-Koyana, MTN Zakhele became the first empowerment