Author: Staff Reporter

Investec has demonstrated a digital identity system anchored in the ethereum blockchain that its believes could enhance trust and security in South Africa’s financial system.

Viu, owned by Hong Kong-headquartered telecommunications operator PCCW, joins Showmax, Vodacom Video Play, Cell C Black, Netflix, Amazon Prime Video and others vying for consumers’ attention.

The Johannesburg-based telecommunications provider said headline earnings per share are expected to rise by between 80% and 90%.

In a last-minute decision, communications regulator Icasa has given telecommunications operators more time to implement its new consumer protection rules related to data services.

The communications regulator has expressed “concern” that the listing of MultiChoice Group went ahead on Wednesday “even though there is a complaint before its complaints and compliance committee”.

King Goodwill Zwelithini is backing the launch of a new mobile virtual network operator in South Africa, which is expected to begin offering services by mid-2019.

Protest action hit the Cell C head office campus in Woodmead, Johannesburg on Tuesday as unionised workers picketed over bonuses.

MTN South Africa will appear before communications regulator’s complaints and compliance committee next month over a charge that it failed to comply with a notification rule regarding tariff adjustments.

Long-serving Telkom chairman Jabu Mabuza is stepping down from the JSE-listed telecommunications board at the end of May, more than seven years after he assumed the role.

Mobile data traffic in South Africa will grow nine-fold between 2017 and 2022 to reach 1.2 exabytes per month at the end of the forecast period, according to Cisco.