The rand nose-dived against major foreign currencies on Monday hitting a new three-and-a-half year low of R8,97/US$, before recovering slightly. The slide means gadgets and computers are about to get a lot more expensive, though not necessary
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Communications minister Dina Pule is “surprised” by e.tv’s high court application against her in which the free-to-air broadcaster accuses her of acting unlawfully in appointing Sentech to manage the control system that will be used in the set-top boxes that are needed for consumers to receive digital terrestrial television signals
The Espresso Book Machine is not the most beautiful device you will ever see. It looks like a large, clumsy, see-through photocopier, which is sort of what it is. But it is a thousand times more powerful. This speedy print-on-demand publishing gadget — which costs R1m — can churn out a bound book, cover and all, in
International credit agency Moody’s this week cut its ratings outlook for JSE-listed fixed-line telecommunications operator Telkom. This followed the agency’s downgrading of SA’s government bond rating last week. The move is likely to make it more difficult for Telkom to raise debt, at least at interest rates it would
Cell C will also switch on a fourth-generation (4G) mobile network using long-term evolution (LTE) technology in 2012, but the company is not saying where this network will be built or how many towers will be supported. CEO Alan Knott-Craig says
The status quo in SA’s telecommunications industry is “not sustainable” and a wave of consolidation is coming soon. That’s the view of Cell C CEO Alan Knott-Craig, who says he expects a big shake-up in the industry, possibly within the next six months, with smaller players reaching out to each
Picture this: it is Thursday evening, 8pm. You have spent the past three days working flat out on a deadline for work. But it is done now and you are finally home — kicking off your shoes and sinking into the couch with your favourite dinner. Aaah. The long-awaited evening in. A wave of contentment washes
Shameel Joosub has been back at Vodacom — now as its group CEO — for only three weeks, but already he has slashed international call rates in reaction to a similar move by smaller rival Cell C, which is now headed by former Vodacom Group
Behind the legal storm raging over the recent awarding of a R10bn SA Social Services Agency (Sassa) contract, a far greater prize is at stake: the chance to load microloan and insurance products on to the R105bn the government pays in social grants monthly. Net1 UEPS, the New York-listed parent
Simfy Africa, the local version of a European music streaming service, was launched last month. Some see services like Simfy as a godsend for local labels and musicians, but industry players argue they’re not yet a genuine alternative revenue stream to album sales. Sony Music commercial director Russell Crawford