The former chairman of communications regulator Icasa, Paris Mashile, is back in the hot seat, albeit in an acting capacity. He replaces outgoing acting chairman Rubben Mohlaloga, whose term as
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All the latest technology news from South Africa and around the world.
Econet Global subsidiary Liquid Telecom, which bought South Africa’s Neotel earlier this year in a R6.5bn deal, has completed 100G upgrades to key routes on its East Africa fibre ring. The upgrade to 100G
South African venture capital firm Knife Capital has expanded into the UK after introducing a new strategic investor in the form of UK-based Draper-Gain Investments. This decision to open the London office comes after the
Former Telkom chief commercial officer Brian Armstrong has been appointed to the board of JSE-listed telecommunications company Huge Group as an independent nonexecutive director. Huge Group said in
EOH’s share price on Monday reversed earlier gains after the IT services group issued an earnings update that appeared to disappoint investors. It said headline earnings per share – a key figure watched by investors on
A culture that shies away from risk-taking is one of the biggest impediments to developing a bigger technology start-up ecosystem in South Africa. Michael Jordaan, CEO of venture capital firm Montegray Capital and
Datatec will return up to US$500m to shareholders in the form of a special dividend and/or share buybacks after the Johannesburg- and London-listed technology group completed the sale of its
Showmax’s operations in Africa will be merged with MultiChoice’s DStv Digital Media, according to a letter sent to staff by Imtiaz Patel, CEO of Naspers’s video entertainment unit. In the letter, which
South African fibre-to-the-home operator Vumatel plans to offer uncapped 100Mbit/s fibre to the home in townships across South Africa – at just R89/month! In the coming months – by October or November
Eskom will sign delayed power-purchase agreements with independent producers by the end of October, but not before pricing on the deals is renegotiated, energy minister Mmamoloko Kubayi said. The