Author: Staff Reporter

JSE-listed technology group Altron said on Wednesday that its headline earnings per share will fall by as much as 29% because of the disposal of its Bytes UK arm and weak trading conditions.

Nedbank, working with Mastercard and South African fintech player Ukheshe, has launched the ability for banking clients to make payments to businesses in messaging platform WhatsApp.

MTN South Africa has taken the axe to prepaid data prices, reducing the cost of 10GB of data (including another 10GB for use at certain times of the night) to R149.

Showmax, the video streaming platform launched by MultiChoice Group, has cut the price of its mobile-only plan to R39/month, from R49 previously.

MTN Group will list its Rwandan subsidiary on the Rwanda Stock Exchange on 4 May, the JSE-listed telecommunications giant said on Monday.

A 24Tbit/s submarine telecommunications system connecting South Africa to the islands of Madagascar, Reunion and Mauritius has gone live and is carrying Internet traffic between the countries.

Government’s proposed deal with Karpowership to buy electricity generated on its three floating power stations over a period of 20 years will expose consumers to considerable risk.

Eskom will implement load shedding from 9pm on Tuesday evening as it fights breakdowns at its power plants. The power cuts – at stage 2 – will last until 5am on Wednesday.

Vodacom Group said on Monday that it will work with the African Union to offer a mobile technology platform to manage vaccination appointments and vaccine stocks across the continent.

Absa Group said on Thursday that it is launching a skills incubator in partnership with Amazon Web Services to train employees in cloud computing skills.