All the latest technology news from South Africa and around the world.
South African policy makers will probably leave interest rates steady on Thursday without calling an end to the rate-hike cycle as uncertainty from Donald Trump’s election as US president to local political turmoil keeps the rand volatile. Inflation that’s slowed from a peak of 7% in
The State IT Agency has finally explained why it pulled the plug on a government tender, worth up to R1,5bn, to roll out broadband to underserviced parts of the country: none of the bidders qualified. The tender was the first phase of a network
MTN has raised R1,1bn through the public offer for its new black economic empowerment scheme, Zakhele Futhi, well short of the target of R2,5bn, but sufficient to allow the transaction to proceed. The telecommunications group
The rand extended gains, strengthening the most among global currencies after the South African government said it would delay a plan to build new nuclear power plants, allaying concern that the cost of the program would strain
South Africa’s jobless rate rose to the highest in over a decade in the third quarter as more people started looking for employment. The jobless rate rose to 27,1% in the quarter through September, from 26,6% in the previous three
National fibre operator FibreCo Telecommunications has poached Broadband Infraco’s Sammy Mafu as its new business development executive. Mafu, who was chief marketing and sales officer at the state-owned
South Africa has delayed plans to build new nuclear power plants over concern about their cost and the waning demand for additional electricity as economic growth stalls. Under a new timeline, the first nuclear power is expected to
The State IT Agency (Sita) has cancelled a tender for the construction of a rural broadband network under the South Africa Connect broadband strategy. Late last week, Sita published a notice in the
MTN South Africa is set to help launch consumer brands as mobile virtual network operators (MVNOs), according to the company’s CEO. The brands include “household names”, MTN South Africa
National treasury and Telkom have concluded negotiations on the existing contract for fixed-line telecommunications services for national and provincial departments. In a statement on Monday, national treasury said the
