The iStore at Centurion Mall was robbed of goods worth over R1m on Friday, Gauteng police said. “The following properties were taken — iPhones, laptops, and tablets worth over a million,” spokeswoman Khensani Magoai said in a statement. Four men allegedly entered the store pretending
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Another iStore was robbed in Gauteng on Friday – this time at Centurion Mall in Pretoria, police said. Warrant officer Hero Gumbu confirmed the robbery but could not give further details on what had happened. He said the provincial office would issue statement on the robbery
Hefty price cuts to retail broadband prices are likely imminent, at least for the speediest fixed-line products, after Telkom this week took an axe to wholesale prices, reducing fees by up to 37%. In an effort to spur demand for higher speed broadband services based on
Online retailer Takealot.com has acquired 100% of the equity of Superbalist.com, a design and apparel online retailer founded four years ago. The deal comes just three months after Takealot announced that it had raised more than R1bn from Tiger Global Management, an international investment
A way to address the alleged irregular appointment of SABC chief operating officer Hlaudi Motsoeneng was agreed upon on Wednesday, the public protector and communications minister said. “They acknowledged the fact that the matter under investigation is also under judicial scrutiny in the Western Cape division
Technology group Pinnacle Holdings has moved to reassure its investors following a sharp decline in its share price in recent days. Since the company published a trading update on 8 August, in which it warned that its headline earnings per share for the year to end-June could have
The Democratic Alliance is undermining the rule of law by using legal rather than administrative processes to remove SABC chief operating officer Hlaudi Motsoeneng, the Western Cape high court heard on Wednesday. Vincent Maleka, for communications minister Faith Muthambi, said
The cabinet has approved the appointment of Tshediso Matona as power utility Eskom’s new CEO, public enterprises minister Lynne Brown announced on Wednesday. “The appointment was approved at a cabinet meeting held in Cape Town today,” Brown told reporters at
JSE-listed Blue Label Telecoms has reported a 6% improvement in headline earnings to R451m in the year to May 2014. This came on the back of an improvement in gross profit margins from 6,7% to almost 7% and a slight uptick in revenue to R19,4bn. Losses at its Mexican business
South Africa’s first Bitcoin vending machine has been installed, giving users the ability to get Bitcoin in exchange for rand. The difference between a Bitcoin ATM and a Bitcoin vending machine is that the former dispenses cash for Bitcoins