MWeb said on Monday it plans to close its five retail stores around the country and upgrade its online sales channel at the same time “allowing customers to shop when it suits them”. The Internet service provider, which is owned by DStv and
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South Africa’s highly competitive subscription video-on-demand (VOD) landscape has claimed its first victim. Less than a month after Netflix announced it was expanding to markets across the world, including South Africa, Times Media Group has shuttered Vidi
Mobile telecommunications helped offset pressures in other areas of Telkom’s business in the third quarter ended 31 December 2015, the company told investors on Monday in a trading and operational update. However, profitability in mobile will take longer
Telkom is moving aggressively to get its copper-based broadband digital subscriber line (DSL) users onto its new fibre-to-the-home (FTTH) network in the areas where it’s already deployed fibre infrastructure. On Monday, the company launched an offer to
Former MTN South Africa CEO Zunaid Bulbulia has joined listed telecommunications provider Huge Group as an independent nonexecutive director with immediate effect. Huge Group said on Friday that Bulbulia, who was most
The Hawks are working on a project with state-owned Denel Dynamics to find the right drone technology in the fight against rhino poaching, parliament heard on Friday. Parliament’s police committee was briefed by the South African Police Service
Axed Idols judge Gareth Cliff won a mammoth lawsuit against M-Net on Friday, hours before the first auditions for the show were due to start. The celebrity won his bid to be reinstated as a judge of the popular talent scouting show, Judge Caroline Nicholls ruled in the high
South African Reserve Bank governor Lesetja Kganyago on Thursday announced a 50 basis point increase in the repurchase rate to 6,75%, in line with the consensus. This means the prime lending rate will now be 10,25%. Lending rates have risen by a
Durban-headquartered technology services group Adapt IT expects headline earnings per share (Heps) to rise by as much as 47,4% in the six months ended 31 December 2015, it said in a statement on the JSE’s stock exchange news service on Thursday. The fast-growing
Two card cloners have been sentenced to a combined 18 years in jail by a Durban court, the National Prosecuting Authority said on Thursday. The Durban commercial crime court sentenced Luyanda Sapho, 34, to eight years, and Kinen Sithole, 33, to 10 years on Wednesday