Nasdaq-listed global asset management firm Carlyle Group is acquiring a majority stake in South Africa’s CMC Networks, which provides managed connectivity solutions for telecommunications operators across Africa. Investec Equity Partners will
Browsing: News
All the latest technology news from South Africa and around the world.
The South African Reserve Bank left borrowing costs unchanged for a fourth consecutive meeting as it projects the inflation rate will fall back to within its target and the economy is set to expand at the slowest pace since a recession six years ago. The central bank
Hlaudi Motsoeneng says he does not need to be chief operating officer of the SABC to keep on transforming the lives of black people. “Actually I don’t need that title to change South Africa,” said the SABC’s group executive
Social development minister Bathabile Dlamini could not provide answers on Wednesday about her department’s readiness to take over the social grants scheme. Dlamini and members of the South African Social Security Agency
The South African Social Security Agency received a roasting by parliament’s standing committee on public accounts (Scopa) on Wednesday over R1,1bn in irregular expenditure in 2015/2016. Hawks head Berning Ntlemeza was in attendance
The ANC is calling on parliament to accelerate the implementation of the resolution for the establishment of a media appeals tribunal following the suspension of The Citizen editor Steve Motale, it said in a statement. “It is starkly clear that the people
An attempt by two musicians’ rights groups, and Jimmy Manyi’s Decolonisation Foundation, to throw legal weight behind Hlaudi Motsoeneng failed in the Western Cape high court on Wednesday. The SA Musicians Association and the Independent Music
Government cannot sit by and watch banks close people’s accounts “willy nilly”, said President Jacob Zuma on Wednesday in parliament. He was responding to questions from MPs when he was asked to elaborate on an inter-ministerial commission which looked
MultiChoice has upgraded its DStv Now streaming service, ditching Adobe Flash in favour of HTML5, while also updating its SuperSport iOS and Android app to allow for a picture-in-picture mode
Cairo has this year surpassed South Africa’s business hub, Johannesburg, as being Internet ride-sharing service Uber’s biggest and busiest African city. This is according to Uber’s head of operations for Europe, Middle