It’s official. The Johannesburg Stock Exchange is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a
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All the latest technology news from South Africa and around the world.
The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech
PC shipments in Africa and the Middle East fell by 28,7% year on year in the fourth quarter of 2015, the steepest ever recorded in the region for a single quarter, technology research and consulting firm International Data Corp said on Tuesday
The constitutional court will hand down judgment in Nkandla matter on Thursday this week. In a letter by the senior registrar’s clerk of the constitutional court, it informs parties
Mark Pamensky was appointed to the Eskom board three months after joining the board of Gupta-owned Oakbay Resources and Energy, Eskom revealed on Tuesday. The Eskom website describes Pamensky as group operations officer of Blue Label Telecoms
Dimension Data sister company, NTT Data, is acquiring the IT services subsidiary of American technology giant Dell for US$3,1bn, or about R48bn at the current exchange rate. Dell is selling Dell Services – the former Perot Systems, which it bought
Korean electronics giant Samsung has the top-selling smartphone and tablet brand in South Africa, according to international researchers. Samsung dominated South African smartphone sales in the last three months of 2015 with a
Eskom is not the reason why energy regulator Nersa’s report on tariff hikes has not been released to the public, according to the utility’s spokesman, Khulu Phasiwe. Phasiwe said Nersa
Concerns are growing in the telecommunications industry that government plans to abandon the nearly universal model of auctioning off precious radio frequency spectrum to private-sector operators, instead allocating it to a single wholesale provider in which
MTN on Thursday advised shareholders not to make decisions based on press reports after the telecommunications group’s shares were knocked down by more than 10% on speculation that its fine in Nigeria could be hiked to R240bn. The shares were also knocked