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MTN hits back at ‘white CEO’ critics

MTN has hit back at those who have criticised it for appointing a white group CEO in the form of outgoing Vodafone executive Rob Shuter. In a lengthy statement on Friday evening, MTN defended its record

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Icasa to probe uncompetitive pay-TV sector

Communications regulator Icasa has announced that it intends launching a probe into South Africa’s pay-television market after various attempts in recent years to introduce competition to dominant operator

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SA firm says social media pointing to Brexit upset

An analysis by BrandsEye, a South African online reputation specialist that monitors conversations on social media to distil trends, has suggested the “Leave” campaign in Thursday’s British referendum could do better than

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Seacom adds European, African peering points

Subsea telecommunications cable operator Seacom has added more peering points in Europe and Africa. The company has added the Deutscher Commercial Internet Exchange (DE-CIX) in Marseille and France Internet Exchange (FranceIX) in Paris to the list of European

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Mophatlane to lead merged BCX, Telkom Business

Telkom has named Business Connexion CEO Isaac Mophatlane as the new CEO of the merged BCX and Telkom Business entities. The merger of the businesses follows Telkom’s acquisition of BCX last year in a R2,7bn all-cash

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S African to lead Bitcoin Foundation

South African technology entrepreneur and venture capitalist Llew Claasen has been named as executive director of the Bitcoin Foundation, effective 1 July. Claasen, who is based in Cape Town, is managing partner

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Vodacom CEO’s pay doubled to R22m

On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the

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African Internet traffic forecast to explode

In 2020, four years from now, Internet traffic in Africa and the Middle East will be equivalent to 527 times the volume of the entire Internet in the region in 2005. This is one of the startling findings in the latest edition of the Cisco Visual

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4Di Capital closes R256m tech fund

Cape Town-based 4Di Capital has announced the successful first closing of a new technology venture capital fund. The fund has raised R256m for investment in the sector. The major investor in the fund is Exponential Ventures, the

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