Author: Editor

Yesterday, a new personal financial management service called 22seven was launched in SA. It allows you to track your personal spending and savings with tools for financial planning. The interface is slick and the intention of the developers, who I have spent some time in conversation with, is to make

Talks between JSE-listed telecommunications group Telkom and Korea’s KT Corp appear to be progressing well. In an update to shareholders on Friday, Telkom says a “diagnostic review” is “well progressed” and the two companies expect to finalise their finding within the next few weeks. KT Corp has expressed

Christo Davel, former head of now-defunct online bank 20twenty, has launched a new online financial services venture called 22seven designed to help people better manage their money. “Our service doesn’t have all the answers but it does have a few insights,” says Davel, who is CEO of the new company. “22Seven

South Africans are the most active tweeters on the African continent, producing twice as many tweets as Kenya, the next most active country. According to communications consultancy Portland Communications, more than 5m tweets were sent from SA in the last quarter of 2011. Nigeria, Egypt

We really like the Samsung Galaxy Y Pro Android-powered smartphone for one simple reason: its price. Although it is incredibly cheap at just R1 499, it doesn’t have the nastiness that so often accompanies budget handsets. For the price you get a physical keyboard, combined with a full-colour touch display

JSE- and Nasdaq-listed Net1 UEPS Technologies, which recently concluded a R10bn deal with government to manage the payment of social grants, has reached an agreement to sell up to 19,9% of its equity to black shareholders in a deal worth up to US$80m (R625m). The deal will “strengthen the development

You could almost feel sorry for Google’s management team lately. Their every move draws stinging criticism from the media, regulators and customers. The latest kerfuffle? Google is changing its privacy policies on 1 March. Now, website privacy policies are generally like Ayn Rand novels and the Government Gazette

Old Mutual and T-Systems in SA have signed an IT infrastructure management deal worth almost R2,6bn, extending the two companies’ existing relationship until 2019. They say it’s one of the largest IT infrastructure deals of this nature in SA’s insurance industry. Referred to as “Equinox”, the deal is meant

Nokia has launched its Lumia range of smartphones, its first phones powered by Microsoft’s Windows Phone platform, in the SA market. The Lumia devices represent Nokia’s concerted effort to claim back lost market share lost to Apple’s iPhone and devices

Mike Sharman, 28, is tall, stubble-faced and boasts an incredible cleft in his chin. “I wanted to be an actor,” he says by way of introduction. “But my old man pointed out that might not be the best idea in SA.” Sharman isn’t an actor, though he briefly tried his hand at it despite his father’s remonstrations. Instead, he started a digital agency called Retroviral