Reacting to concerns that President Jacob Zuma’s public utterances are causing the rand’s slide, finance minister Pravin Gordhan told media on Thursday that the rand does not operate on what
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Parliament’s portfolio committee on telecommunications & postal services has set aside a full day later this month to probe so-called “over the top” (OTT) services to determine whether policy interventions are required to govern them. OTT services include the likes
Worldwide PC shipments fell by 8,3% year-on-year in the fourth quarter of 2015, according to the preliminary results of new Gartner research. For the year, shipments fell by 8% to 288,7m units
South Africa’s MTN Group has won an early victory in its legal battle with Nigerian authorities, securing the right to transfer money out of the West African nation after the federal government sought to freeze its accounts. This Day newspaper reported that Justice
The Gauteng education department was still determining how many tablets were missing from its schools, MEC Panyaza Lesufi said on Wednesday. A total of 89% of the tablets that were distributed as part of the information and communications technology programme
South Africans are likely to “see red” if Eskom is granted permission to increase electricity tariffs by 17%, according to AfriBusiness. “Eskom requested a 25% increase in electricity tariffs in 2015
Technology start-ups in Africa secured total funding of more than US$185,7m, or R3,1bn, in 2015, according to new data. Research by Disrupt Africa, a website that focuses on the start-up ecosystem on the continent, found that the money was shared between 125 tech start-ups
Technology group EOH, whose share price has come under significant selling pressure in the past month as investors worry about its ability to maintain its stellar growth record, rose by almost 2% in trading on Tuesday morning after telling shareholders it is on track to report significant growth
Silvertree Capital, the investment arm of Cape Town-based Silvertree Internet Holdings (SIH), plans to invest US$10m (about R170m) in consumer-focused Internet start-ups in 2016, it said on Tuesday. The company, whose business-to-consumer e-commerce investments include
Networking giant Cisco expects cloud traffic in Africa and the Middle East to more than quadruple by the end of 2019, with 83% of all data centre traffic in the region coming from the cloud. The forecast is contained in the fifth annual Cisco Global Cloud Index (2014-2019), released