Hosken Consolidated Investments, in a surprise move late on Wednesday, announced that it had suspended its executive chairman Marcel Golding pending a disciplinary hearing into “gross misconduct”. Golding was not immediately available for
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In his medium term budget policy statement, finance minister Nhlanhla Nene has allocated R620m in funding for broadcasting digital migration to the department of telecommunications and postal services and not to the department of communications
The ongoing restructuring in the information and communications technology industry puts employees under immense pressure, trade union Solidarity said on Wednesday. “There have been far more retrenchments this year than in
The spate of armed robberies on technology and telecommunications retail outlets in recent weeks has led to a new coalition aimed at fighting the scourge. The South African Council of Shopping Centres (SACSC), the Consumer Goods Council, Business Against Crime, the South African Police
The SABC has reported irregular expenditure of a whopping R3,3bn in the financial year that ended in March 2014, up…
The City of Cape Town has launched a new transport application for smartphones called Transport for Cape Town (TCT) that merges the timetables, stops and stations of scheduled transport services, allowing residents and visitors to plan their journeys through bus, rail and private transport. The app was developed
Communications minister Faith Muthambi told ANC MPs not to interfere in her department’s affairs after they told her to show leadership, it was reported on Wednesday. They also urged her to halt the process to appoint the new CEO of the SABC until the outcome of a parliamentary inquiry over
Bank customers should be aware of bank-related scams to avoid falling victim to them, the South African Banking Risk Information Centre said on Tuesday.”We want to warn customers to be vigilant during the festive season, especially around
The share price of Durban-based technology services company Adapt IT shot up by more than 10% on Tuesday morning after it said it was in talks about a possible acquisition. The fast-growing company, which in August reported a 55% improvement in full-year headline earnings per share on the back of strong revenue
Telkom and Business Connexion (BCX) are still awaiting approvals from four regulators before the telecommunications operator’s R2,7bn acquisition of the JSE-listed IT services company can be consummated. In a statement to shareholders on Tuesday, BCX said the parties are