Author: Staff Reporter

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.

South African-born global cryptocurrency start-up Coindirect has raised €1-million (about R16-million) in an investment round led by Concentric, with participation from Blockchain.com and MakerDAO.

One of the world’s biggest website hosting providers, GoDaddy, will launch in South Africa next month.

EOH Holdings on Friday published an open letter to its stakeholders after its shares were pummelled this week following the news that Microsoft had terminated two partner agreements with its subsidiary, EOH Mthombo. Read the full letter here.

The chairman of communications regulator Icasa’s powerful decision-making council has been sentenced to 20 years in jail for money laundering and fraud, it was reported on Friday.

Listed technology services group EOH Holdings issued a statement to shareholders at 1.41pm on Tuesday, providing an update on the termination by Microsoft of its channel partner agreement.

Shares in Mustek climbed in early trade on Tuesday after the ICT company said it expects headline earnings per share to rise by as much as 25% in the six months ended 31 December 2018.

Communications regulator Icasa said on Tuesday that it is naming its new head office in Centurion, Pretoria after the divisive former minister of communications, Ivy Matsepe-Casaburri.

South African-born customer engagement company Clickatell has appointed former First National Bank CEO Michael Jordaan and other heavyweights to its board, it said on Tuesday.