The South African Post Office blew R2,1bn in irregular expenditure in the past financial year, The Star reported on Thursday. The financial losses were as a result of the irregular awarding of tenders, according to a draft audit report for the financial year ending 31 May 2014, by auditing firms
Browsing: News
All the latest technology news from South Africa and around the world.
Internet Solutions has revealed plans to roll out fibre to 50 business parks in Gauteng, with Cape Town and Durban to follow by the middle of next year. The company has also taken the wraps off its pricing. “Historically, one of the issues with fibre installations
SABC chief operating officer Hlaudi Motsoeneng earned R2,9m in 2013, communications minister Faith Muthambi said on Wednesday. In written reply to a parliamentary question by the Democratic Alliance, she said that in 2012 Motsoeneng had earned R2,5m, and in 2011 R1,6m. SABC acting CEO
The builders of the Square Kilometre Array (SKA) radio telescope in the Northern Cape hope to co-exist with shale gas prospectors, but if needs be will invoke new astronomy laws to protect their interests, MPs heard on Wednesday. “We’re looking for a co-existence with fracking
A senior staff member at the Universal Service and Access Agency of SA (Usaasa) has been suspended for alleged corruption and maladministration, the state-owned entity said on Wednesday. “The allegations border on financial misconduct which is a very
SABC board chair Zandile Tshabalala has turned on her own colleagues, warning them they will be investigated for the “nondisclosure of potential conflicts of interest” and for leaking “confidential information of the corporation”. She is appointing a panel of investigators to establish
Speaking in parliament recently, trade & industry minister Rob Davies complained that “developmental credit”, the kind used to start or sustain a small business, for example, “hardly features” in South Africa. Instead, in the wake of African Bank’s collapse, the focus has been on the evils
A Telkom store at Kolonade Mall in Montana, Pretoria, has become the latest electronics and telecommunications store to be hit in a wave of robberies taht have affected such outlets in recent weeks. The Kolonade store was robbed on Tuesday evening of electronic goods worth over
Telecommunications and postal services minister Siyabonga Cwele has said his department will publish a final policy on so-called high-demand spectrum within the next six months. The final policy will be ready before the end of the
Standard Bank has said that after the technical glitches that affected its customers on Monday, most of its platforms are available to customers although the bank’s app is still not fully operational. On Monday, the bank apologised to its clients for the glitches, which lasted several hours. Clients said they could