Author: Staff Reporter

Shares in the JSE-listed technology group plunged to levels last seen more than 10 years ago on Wednesday as investors continued to fret about its prospects.

Cell C has appointed two new non-executive directors, Sindi Zilwa and Mark Nelson-Smith, to its board, it said on Wednesday. The operator’s chief legal officer, Zahir Williams, is also joining the board.

JSE- and Nasdaq-listed technology company Net1 UEPS Technologies will sell its Korean payments processing business KSNet to Stonebridge Capital and Payletter for R3.5-billion.

MTN has kick-started a three-month phased cut-over to a new customer service platform, which is promises will offer a better experience to clients.

The CEO of the R1-billion electronics manufacturing facility in East London at risk of permanent closure has denied a report that he blamed the husband of communications minister Stella Ndabeni-Abrahams for the company’s woes.

The CEO of the R1-billion East London electronics factory that faces closure has blamed the husband of communications minister Stella Ndabeni-Abrahams for the company’s woes.

A cable repair ship set sail from Cape Town on Wednesday night and is expected to reach offshore Angola in the coming days when it will begin the first stage of work to repair undersea cables slowing Internet connections in South Africa.

MTN South Africa has launched data bundles aimed specifically at users of the fast-growing social media platform TikTok, which is developed by the Chinese company ByteDance.

Data centre operator Teraco said on Wednesday that it is now offering VMware Cloud services from its facilities in Johannesburg and Cape Town.

New independent research shows that MTN has South Africa’s best mobile network and beats its rivals in every category, from consistent quality to download and upload speeds.