Author: Staff Reporter

German car-making giant Volkswagen is preparing for the introduction of its electric vehicle line-up on South African roads through the local launch of the e-Golf pilot project.

MultiChoice Group has created an Innovation Fund to invest in small businesses in the video entertainment and technology sectors.

It’s been a grim start to 2020 for some South African-listed technology companies, which have seen their shares battered on weak earnings updates and negative investor sentiment.

MTN South Africa said on Tuesday that it’s some making progress in fighting the scourge of cellphone tower battery theft, though the problem is far from being overcome.

MultiChoice will hike the price of some DStv bouquets on 1 April, but the increases have been kept well below inflation as the broadcaster battles weak consumer spending and rivalry from online streaming platforms.

Adapt IT’s headline earnings per share for the six months ended 31 December 2019 will fall by as much as 51.7%, the software group said in a trading statement after markets closed in Johannesburg on Friday.

Dimension Data’s Internet Solutions has become the second company, after Vodacom, to sign an agreement with Liquid Telecom South Africa for the procurement of wholesale 5G services.

The cable breaks affecting international Internet connectivity to South Africa should be fully repaired in the coming days, according to the latest updates.

Amazon.com wants to depose US President Donald Trump over the technology company’s losing bid for a US$10-billion military contract. The Pentagon awarded the cloud computing project to Microsoft in October.

The Wacs cable system broke off the coast of Congo after it became trapped and embedded in dense and heavy sediment caused by the flow of turbulent waters in an undersea canyon.