WeChat Africa has announced plans to invest R50m in technology start-ups in Africa “to support local entrepreneurs and technology innovations”. WeChat, which is developed by Tencent
Author: Staff Reporter
Government investment manager, the Public Investment Corp (PIC), has finalised its acquisition of the state’s 13,9% equity stake in Vodacom. Government is set to use the proceeds of the sale to the PIC to help fund Eskom. At the current share price
Troubled diversified technology group Altron has announced it will consolidate its head office, with subsidiaries Altech and Bytes – currently housed in a building in Woodmead, Johannesburg – moving to Altron’s head office in Parktown. The move will allow
Chinese fibre-optic cable manufacturer Yangtze Optical Fibre and Cable Company has announced plans to establish a telecommunications fibre cable manufacturing facility at the Dube TradePort
Facebook founder and CEO Mark Zuckerberg is to emulate fellow billionaires, Microsoft’s Bill Gates and Berkshire Hathaway’s Warren Buffett, by giving away most of his amassed fortune to worthy causes. In a post on Facebook on Tuesday, celebrating the birth of his daughter
Telkom has dramatically expanded its uncapped 4G/LTE offer to 520 base stations, taking the product, which offers unmetered wireless broadband from R599/month, to seven provinces outside Gauteng. It has also upped the number of neighbourhoods in Gauteng that can get the deal
Telkom has signed a deal with Olympic sprinter Usain Bolt to promote its fibre-to-the-home broadband offerings. Telkom filmed Bolt in his home country of Jamaica last weekend for the promotional material it intends using to advertise its fibre products. The telecommunications
Facebook is now used by a quarter of all South Africans, while photo-sharing app Instagram – owned by Facebook — has seen the fastest growth of any social network in South Africa over the past year. This is according to a new study by World Wide Worx
Judgment in an application for leave to appeal a court ruling on the licensing of three porn pay channels was reserved until 10 December by the Western Cape high court on Friday. On Digital Media wants permission to appeal
The Independent Communications Authority of SA has been lauded by the Internet Service Providers’ Association (Ispa) for its new regulatory framework governing the licence fees for radio frequency spectrum, which comes into force on 1 April. Ispa regulatory affairs director