Author: Staff Reporter

Retail group Edcon is selling stationery retailer CNA to a consortium majority owned by JSE-listed Astoria Investments.

The South African Revenue Service wants to harness the latest in artificial intelligence technology, self-learning computers and Big Data as it struggles to meet revenue-collection targets.

The communications regulator has received more than 40 written submissions on the licensing of broadband spectrum suitable for building 4G/LTE and 5G networks in South Africa.

Eskom will implement rolling blackouts until at least Thursday, the failing, government-owned electricity utility said on Sunday.

Rolling blackouts will return to South Africa on Thursday evening, Eskom said in a statement. The stage-2 load shedding will take place between 9pm and 6am on Friday.

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.