Former Telkom chief commercial officer Brian Armstrong has been appointed to the board of JSE-listed telecommunications company Huge Group as an independent nonexecutive director. Huge Group said in
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All the latest technology news from South Africa and around the world.
EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on
A culture that shies away from risk-taking is one of the biggest impediments to developing a bigger technology start-up ecosystem in South Africa. Michael Jordaan, CEO of venture capital firm Montegray Capital and
Datatec will return up to US$500m to shareholders in the form of a special dividend and/or share buybacks after the Johannesburg- and London-listed technology group completed the sale of its
Showmax’s operations in Africa will be merged with MultiChoice’s DStv Digital Media, according to a letter sent to staff by Imtiaz Patel, CEO of Naspers’s video entertainment unit. In the letter, which
South African fibre-to-the-home operator Vumatel plans to offer uncapped 100Mbit/s fibre to the home in townships across South Africa – at just R89/month! In the coming months – by October or November
Eskom will sign delayed power-purchase agreements with independent producers by the end of October, but not before pricing on the deals is renegotiated, energy minister Mmamoloko Kubayi said. The
The recapitalisation of Cell C has hit a potential roadblock. Communications regulator Icasa late on Wednesday evening said the mobile operator may have failed to make the correct regulatory filings regarding the
After reports emerged in recent days that Vodacom Business chief officer Vuyani Jarana may not yet have signed an employment contract to take over as CEO of South African Airways, the mobile operator has made
MultiChoice said on Wednesday that shareholders in its Phuthuma Nathi broad-based black economic empowerment vehicle Phuthuma Nathi will receive R1.3bn in ordinary dividends. This is after the dividend