Author: Staff Reporter

Technology group Etion has reported a 108% slide in full-year headline earnings per share to a loss of 0.56c and has blamed the weak South African economy for the poor performance.

Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.

First National Bank and Capitec have tied for the title of South Africa’s best digital bank in research agency Columinate | Insight Consulting’s latest SITEisfaction survey.

Vodacom’s business services arm is selling assets in several key markets in the rest of Africa, outside South Africa, the telecommunications group said on Friday.

EOH Holdings has moved to strengthen its board, appointing three high-profile nonexecutive directors, including a former MD of Vodacom South Africa.

Domestic airline Kulula.com said on Thursday that passengers will no longer have to turn off their phones at any stage during a flight, including during take-off and landing.

Naspers has made the first investment through its new Naspers Foundry start-up fund, buying a stake in Internet-based domestic cleaning service SweepSouth for R30-million.

MultiChoice-owned Showmax is adding Bafana Bafana Afcon football matches to its live-streaming sports offering, stepping up the pressure on rival Netflix in the South African market.

Cape Town-focused fibre-to-the-home infrastructure operator Octotel said it is now the third-largest fibre provider in the country, behind Openserve and Vumatel, after reaching 100 000 homes passed.

First National Bank’s online banking website suffered unscheduled downtime on Tuesday, with frustrated customers taking to social media to complain about the outage.