Browsing: News

All the latest technology news from South Africa and around the world.

Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this

Rand Merchant Investment Holdings, through financial technology innovation hub AlphaCode, and Nedbank Private Equity, through BoE Private Equity Investors, have each acquired minority shareholdings in South African fintech player Entersekt in

Renewing a vehicle licence disc can be tedious and time-consuming process. First National Bank is hoping to change that by allowing its clients to renew their licence disk using its smartphone banking application. But the convenience

Wireless Business Solutions (WBS), the holding company of iBurst and Broadlink acquired in 2015 by the Michael Jordaan- and Paul Harris-backed firm Multisource, has been rebranded as Rain. The company, which is building

Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m

Naspers investment Delivery Hero, a Berlin-based food takeout business backed by Germany’s Rocket Internet, announced plans to list on the Frankfurt stock exchange in the next few months to fund expansion in an increasingly

Datatec said on Tuesday that it has reached an agreement to sell subsidiary Westcon-Comstor’s operations in North America and Latin America for up to US$800m and 10% of Westcon-Comstor for $30m to US-listed IT supply

Telkom has revealed a plan to speed up its copper-based broadband digital subscriber line network to up to 100Mbit/s. The telecommunications group’s CEO, Sipho Maseko, said at its annual

The strong full-year financial results published by Telkom on Monday “underscore the correctness” of government’s decision not to further privatise the JSE-listed company, telecommunications & postal services minister

Eskom wants its clients to pay on average 19,9% more for electricity from 1 April next year and proposes that municipalities pay 27,3% more for bulk electricity purchases from 1 July 2018. This comes against the background of controversy about