Author: Staff Reporter

NMRQL Research, a new financial technology start-up co-founded by former First National Bank CEO Michael Jordaan, has launched a unit trust fund that uses machine learning to drive research, analysis and stock

Telkom’s BCX said on Tuesday that it is selling its wholly owned Netcampus subsidiary to management and its Telkom FutureMakers enterprise development programme. Netcampus managing executive

A significant number of South Africans stopped paying television licence fees in the past year, the SABC’s 2017 annual report shows. Revenue from licence fees plummeted 17.4% year on year as the

Acting Eskom CEO Johnny Dladla has been removed from the position, just four months after being appointed, and replaced him with Sean Maritz, the state-owned power utility’s chief information officer

The Competition Commission said on Wednesday that it has initiated an investigation against Vodacom for “abuse of dominance” after the company was given an exclusive contract with national treasury to be the sole provider of

Under pressure from consumers, lobby groups and politicians, Vodacom has finally moved to begin addressing high out-of-bundle data charges, announcing on Tuesday that it will reduce the rates by as much as 50%. Vodacom

Altron subsidiary Bytes UK has agreed to buy 100% of Blenheim, the holding company of British value-added reseller Phoenix Software, for £35.9m, or about R650m. The deal will be funded through a combination

Internet service provider Webafrica is splitting into two businesses, one focused on providing Internet access and the other providing hosting services. In a post on Webafrica’s website, CEO Tim Wyatt-Gunning said the company’s

Naspers is spending €660m, or about R10.6bn, increasing its stake in one of Europe’s fastest-growing online food order and delivery businesses, Delivery Hero. For the money, Naspers is buying an additional 13% of the

The sale of tablet computers in South Africa has tanked, but smartphone sales continue to “boom”, despite the weak economy, new data from GfK shows. Media tablet sales shrank by 40% in the first half of 2017