Telkom has given R1bn in financial assistance to its IT services subsidiary Business Connexion, it said on Monday. The money will be used by BCX, among other things, to meet working capital requirements. Telkom
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SABC board chairman Obert Maguvhe has resigned, the public broadcaster’s news service reported on Monday. He was the sole remaining member of the board. Maguvhe, who faced a grilling last week in parliament over corporate
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major foreign-exchange trade, stock index and commodity contract. The electronic
uMkhonto weSizwe Military Veterans Association treasurer-general Des Van Rooyen told guests at a commemoration gala dinner that at the next MKMVA meeting he would push for a resolution that all
Liquid Telecom’s R6,5bn acquisition of Neotel is going ahead. Communications regulator Icasa on Thursday gave the deal the green light, approving the transfer of licences to Liquid, according to a well-placed source with knowledge
A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: solar power, for the first time, is becoming the cheapest form of new electricity. This has happened in isolated projects in the past
Standard Bank has asked the high court to prevent President Jacob Zuma and any of his ministers from intervening in its decision to close accounts of companies associated with the Gupta family. The appeal goes a step further than an
ANC MP Juli Kilian on Thursday raised concerns that SABC board minutes provided to parliament’s ad hoc committee looking into the broadcaster’s fitness might have been tampered with. Kilian raised the issue during former board
Woolworths has launched free Wi-Fi for customers in 85 stores nationwide, with additional connections planned by early 2018, the JSE-retailer said on Thursday. The decision to offer Wi-Fi comes on the back of strong growth
The social development department’s ability to continue to make monthly welfare payments to about 17m people is in jeopardy because it ignored advice from the central bank, two people familiar with the situation said. The department