Rain will build a 5G network in South Africa, chairman Paul Harris said at the South Africa Investment Conference on Friday. It will leverage its existing spectrum allocation in the 3.6GHz band to do this, he said.
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President Cyril Ramaphosa said his administration has placed economic growth and job creation at the top of its agenda, and it will ensure there is greater clarity about policy and land ownership rights.
Communications minister Nomvula Mokonyane said the delays in digital migration are a concern as they are proving costly for government and industry.
Samsung Electronics is overhauling its line-up of premium phones for next year, preparing to launch its first 5G-capable smartphone, a cheaper flagship model and a foldable-screen device to challenge Apple.
Just months before Microsoft is due to open two Azure data centres in South Africa, the world’s largest cloud provider, Amazon Web Services, has announced it will also open data centre facilities in the country.
Altron has resumed dividend payments to shareholders, sending the group’s shares higher on the JSE on Thursday. It’s the first time it has paid a dividend since 2016.
Naspers has announced a management shake-up at MultiChoice, with the creation of a new MultiChoice Group business (formerly Naspers Video Entertainment), which will be headed by Calvo Mawela.
Automating the claims process would benefit both the insurer and the insured. It is already possible, and it seems likely that things will move quickly in this direction.
Bitcoin’s going through a serious quiet spell. The world’s largest digital currency is seeing fewer major price swings and low volatility, signs that the coin may be nearing a bottom.
Billions of rand in bailouts will flow to state-owned enterprises, including roads agency Sanral, the Post Office and South African Airways, national treasury said on Wednesday.