Telkom’s share price reacted positively on Friday after the telecommunications operator told shareholders that it expects both its basic and headline earnings per share for the six months ended 30 September 2014 to be at least 20% lower than a year ago. “The expected decrease in
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Funding mechanisms other than e-tolls will have to be found for the Gauteng Freeway Improvement Project (GFIP), transport MEC Ismail Vadi said on Talk Radio 702 on Friday. “I can’t predict what the recommendations [of the e-toll advisory panel] will be, but I think what is quite clear
Telecommunications and postal services minister Siyabonga Cwele on Friday asked the South African Post Office and unions to call on workers to end their strike. He was engaged in “serious discussions” with all Post Office stakeholders, he said in a statement. “All the stakeholders have
Mail is piling up at the Witspos post office south of Johannesburg. The mail floor, a giant warehouse the size of about three rugby fields, is almost deserted. Piles of parcels and boxes and sacks of letters are stacked on the floor. A few postal employees sort through the mail in
Vodacom and Deezer have entered into an exclusive partnership to provide the mobile operator’s customers access to the music service’s 35m songs. The announcement follows speculation earlier this week that Deezer was looking
DStv parent MultiChoice will never attempt to prosecute anyone in South Africa subscribing to international streaming services such as Netflix and Hulu, which don’t operate in the country. Many South African consumers
Since moving away from FM radio in May, Gareth Cliff has been driving a new brand of radio that he hopes will break all the rules imposed by traditional broadcasters. Speaking at Tech4Africa in Johannesburg on Wednesday, Cliff said
Platco Digital, the parent company of free-to-air satellite television broadcaster OpenView HD, hopes its decision to lease capacity on Intelsat’s IS20 satellite – the same satellite used by MultiChoice for DStv – will help it attract newly licensed
Powertech and Altech Autopage have acted as a drag on technology group Altron’s earnings for the six months ended 31 August 2014, but this has been offset, to a degree, by strong performances from IT services group Bytes and other businesses in the group’s TMT division. For the interim
Two of South Africa’s largest online retailers – and longstanding adversaries – have agreed to merge. Kalahari.com, owned by JSE-listed media and e-commerce group Naspers, will be folded into Takealot.com, the e-retailer that recently secured US$100m from investment firm