Continued political instability that hurt investor confidence and saw South Africa’s economy expand at the slowest rate since 2009 last year could threaten a recovery in 2017, economists said. GDP expanded by 0,3% last
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All the latest technology news from South Africa and around the world.
“Data leakage”, where consumers lose data without using it, is a “technical impossibility”, an industry body has said, dismissing growing complaints from users that their mobile data is disappearing. “This surge in data usage
Altron has a shortlist of candidates for a new CEO, all of them from the IT sector, the group’s current CEO, Robbie Venter, said on Monday. This comes as Altron disposes of non-core assets to focus on the ICT industry. Speaking on the TechCentral Podcast
South African investors’ appetite for listed offshore assets has been well fed by property counters like Capital & Counties, Intu Properties and most recently Hammerson, which listed last September. These funds have a primary listing
South Africa plans to bring in a new welfare payments system over the next two years and hasn’t yet signed a new interim contract with Net1 UEPS Technologies, the government said on Sunday. Cash Paymaster Services, a unit of Net1, will
President Jacob Zuma ordered the country’s social development and finance ministers to ensure that welfare payments are made to beneficiaries on 1 April, the day after a distribution contract with Net1 UEPS Technologies is due to expire. Zuma held talks
Social development minister Bathabile Dlamini said she took responsibility for the failure of the country’s welfare department to comply with a ruling by the nation’s top court. The constitutional court in 2013 said a contract between the
South Africa should consider splitting state power company Eskom into transmission and generation units to prevent it from undermining the country’s independent power producer program, the ruling ANC said. While the government has championed
JSE-listed IT distribution group Pinnacle Holdings, which is in the process of changing its name to Alviva Holdings (share code from PNC to AVV), said it will consider acquisitions worth as much as R1,3bn. The acquisition talks follow a strong
Mobile World Congress, the premier wireless technology conference in Barcelona, was supposed to be a coming out party for Google’s digital assistant. But at this year’s proceedings, the artificially intelligent voice-based service