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Former First National Bank CEO Michael Jordaan, who joined the board of social network Mxit as chairman in September 2013, has acquired a stake in AngelHub Ventures, a Cape Town-based company that provides seed funding to start-up businesses. Kevin Harris, who has worked

The South African Communist Party (SACP) on Tuesday urged the SABC board and parliament’s communications portfolio committee to take decisive action following the public protector’s report. “Decisive action is needed to turn the SABC around in all

The Opposition to Urban Tolling Alliance (Outa) has urged parliament’s transport portfolio committee to look beyond roads agency Sanral’s input on Tuesday. “Sanral speaks like a soccer coach whose team has lost 2-0 with an own goal having been scored and

The SABC will analyse public protector Thuli Madonsela’s report, which found its acting chief operating officer, Hlaudi Motsoeneng, had operated above the law. “We have just received the report today,” said SABC spokesman Kaizer Kganyago

The Democratic Alliance has called on communications minister Yunus Carrim, in his capacity as shareholder representative at the SABC, to instruct the public broadcaster’s board to suspend its acting chief operating officer, Hlaudi Motsoeneng, with immediate

Successive SABC boards allowed controversial acting chief operating officer Hlaudi Motsoeneng to operate above the law, public protector Thuli Madonsela said on Monday. She released a report entitled “When governance and ethics fail” at a media briefing

Naspers’s share price has added nearly a third in the past three months and has more than doubled in the past year as investor excitement in its Chinese affiliate, fast-growing communications and e-commerce firm Tencent, reaches fever pitch

Fibre-optic telecommunications specialist Dark Fibre Africa has announced it is to acquire Conduct, a last-mile fibre developer that provides high-speed access to business customers in South Africa’s urban centre. DFA has traditional focused on metropolitan

The submission deadline for a draft review of the end-user and subscriber service charter has been extended, Icasa said on Monday. The extension was moved from January 21 to March 14, said spokesman Paseka Maleka in a statement. “The extension has been granted based on

Parliament’s transport portfolio committee will be briefed on Gauteng’s e-tolls on Tuesday, roads agency Sanral said. “We look forward to the opportunity to explain what went wrong with e-tolling, but also what went right,” spokesman Vusi Mona said in a statement on Monday. Of the 2,6m vehicles