Eskom CEO Brian Molefe says although this year’s summer is expected to be hotter than last year’s, the power utility plans to meet demand for electricity 100%. He said on Monday the
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Excluding the impact of retrenchments, Telkom has reported a 13,9% improvement in headline earnings per share, handily outstripping muted net revenue growth of 1,2% in the six months ended 30 September 2015. Earnings before interest, tax
MTN will not have to pay a US$5,2bn fine to Nigerian authorities today, 16 November, which was previously the deadline set down by the Nigerian Communications Commission for payment of the record-setting penalty after the telecommunications operator
Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update
Before coming to the decision to shut down mobile service provider Altech Autopage, management considered the mobile virtual network operator (MVNO) model. MVNOs ride on existing networks to provide phone, messaging and Internet services
Mobile service provider Altech Autopage has tried to mitigate retrenchments amid the company eyeing a February 2016 shutdown, said its MD. Parent Altron said in a cautionary announcement in May that it planned to sell the subscriber base
Contrary to global trends, South Africa’s small and medium enterprises are showing a decline in employment, turnover and a majority are struggling to survive. According to SBP’s 2015 SME Growth Index, just over one in five firms reported a decline in
Independent Web browser, the open-source Firefox from Mozilla, is now available for Apple mobile devices, including the iPhone, the iPad and the iPod touch. Previously, the browser was available only on PCs and Macs and, since 2011, on Android-based
Technology group Pinnacle Holdings has announced a management shake-up that will see Pierre Spies elevated to the position of joint CEO from 1 January 2016, alongside Arnold Fourie, with Fourie to step down in the middle of next year to become
Eskom on Thursday submitted an application to the National Energy Regulator of South Africa (Nersa) to recover R22,8bn which the utility used to avert load shedding. “We spent money on acquiring diesel and electricity… When we overspend on