Browsing: In-depth

A start-up investment model developed by SA entrepreneur Eve Dmochowska and her colleagues to solve key problems in SA start-up financing proved a big hit at the annual South by South West Interactive festival held in Austin, Texas earlier this week

MWeb dropped a bombshell on the SA Internet industry on Thursday morning when it announced it was slashing the cost of fixed-line broadband and introducing uncapped offerings starting at just R219/month. The move, which brings SA more in line with Internet prices in other markets, could spark a price war among Internet service providers in the next few months.

A decline in revenue was not enough to stop JSE-listed IT services group GijimaAst from reporting a 33% leap in normalised headline earnings per share in the six months to 31 December 2009. It has amassed R623m in cash and declared an interim maiden dividend of 2,5c/share. It’s a significant turnaround for an IT group that little more than five years ago was in dire financial straits