Troubled IT company Gijima’s share price tumbled to as low as 7c on 2 April following an unexpected R123m loss as well as a proposed rights offer for a R150m cash injection. The loss is the most recent in a string of challenges faced by the company, which appeared to begin in 2010 with the cancellation of a R2,1bn contract with the home affairs department
Author: Editor
Investec has become the latest South African financial services institition to launch a transactional banking application. The app, which is available for Apple’s iPad tablet only, offers mobile banking and trading tools to Investec customers. The app is available in the South African version
Brett Haggard, Adam Oxford and Benedict Kelly get together this week for an episode that discusses everything from the Internet’s favourite April Fool’s Day pranks to new leadership at Telkom and the breaking of some piracy records. Topics include the top April Fool’s Day jokes
It looks likely that Internet users will have to tighten their belts from next year. Finance minister Pravin Gordhan has raised the idea of introducing a tax on broadband use from 2014.
The minister has suggested that a rate of 50c/MB should apply, with a built-in escalation in the rate in subsequent tax years
This week Brett Haggard hosts Samantha Perry and Tristan Hall for a chatty episode of the ZA Tech Show. Among other things, they talk about the Google-sponsored television white-spaces trial, Vodacom’s new call rates, the PlayStation 4, Microsoft Outlook on Windows RT, and lots more
A court ruling confirming the validity of a tender given to Net1 UEPS Technologies subsidiary Cash Paymaster Services (CPS) for issuing social grants was welcomed by the social development ministry on Thursday. “It has been a long journey through which several
By May this year, Eskom will have paid businesses at least R2,9bn to cut back on power usage in a bid to prevent blackouts. Had the National Energy Regulator of South Africa (Nersa) not rejected its request for provision to be made for an R8bn, five-year buy-back project, the amount, over a seven-year period, would
The joint committee on ethics and members’ interests has appointed a panel to look into the conduct of communications minister Dina Pule. According to committee co-chair Lemias Mashile, the committee took a decision on 20 February that, in terms of paragraph 3.1 of the procedure for the investigation
Samsung’s Ativ Smart PC is positioned as an option for those who want the functionality of a laptop and a tablet in a single device. Powered by Windows 8, this is a tablet computer that comes with a keyboard dock bundled. Despite being punted as all-in-one devices, most laptop-tablet
The crippling effect of an illegal strike by postal workers is easing, the Post Office said on Tuesday, adding that it expects to clear the remainder of the backlog in undelivered mail “within a few working days”. The Post Office says the strike at its two main mail-sorting centres