Despite reporting a further 6,5% decline in the number of fixed lines in service to just 3,2m, Telkom has declared that it has completed a three-year turnaround strategy and is now ready for growth. This comes as it reports a 15,5% increase in
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Telkom pumped R757m into fibre-to-the-home broadband infrastructure in the year ended 31 March 2016, an increase of 200% over the R252m it spent in the 2015 financial year. The spend on FTTH outstripped the company’s
Blue Label Telecoms on Monday announced it has reached an agreement with SA Rugby for the Castle Lager Incoming series against Ireland. The JSE-listed will partner the Springboks for the three-test series of
Protection against cyberattacks is becoming a growing challenge in the aviation industry, according to Tony Tyler, CEO of the International Air Transport Association. Experts estimate that cybersecurity breaches cost a total of
Electronic payments company Net1 UEPS Technologies has launched a court challenge of a government decision to limit direct deductions from social grants. Net1 division Cash Paymaster Services won a R10bn grants tender
S&P Global Ratings on Friday affirmed South Africa’s long- and short-term foreign and local currency bond ratings at BBB-/A-3 and BBB+/A-2 respectively. The foreign currency bond rating remains one notch above sub-investment
Young and older people display different behaviours that make them targets for cyber criminals who are intent on stealing money from their bank accounts, says an expert. While banks have increased security for online platforms, cyber
Operating conditions at South African private sector businesses improved for the first time in a year during May, mainly driven by a return to new order growth and renewed job creation. However, output continued to decline and companies
Airports Company South Africa spokeswoman Deidre Davids confirmed on Friday that an attempt to block access to Cape Town International Airport had taken place earlier during a reported clash between meter taxi drivers and
Roads agency Sanral spent R177m of taxpayer money on advertising in the 2015/2016 financial year, transport minister Dipuo Peters disclosed in response to a parliamentary question by Thembekile Majola of the Democratic Alliance. Sanral is currently appealing