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All the latest technology news from South Africa and around the world.

Rob Shuter to take MTN reins in March

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Rob Shuter, MTN’s incoming group president and CEO, will join the telecommunications operator earlier than previously expected. Shuter, who is serving notice at Vodafone, will join MTN on 13 March

The 81 CEOs who pledged support for Pravin

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In a dramatic move of support for Pravin Gordhan, 81 CEOs pledged support for the finance minister days before he presents his mini budget and a week before he appears in court on fraud charges. “We stand as one for the rule

MTN SA’s margins leap higher

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Margins at MTN South Africa have shown strong improvement in the third quarter, the telecommunications group said in a statement to shareholders on Monday. Revenue improved by 3,6% quarter on quarter, while margins

New subsea cable to connect Africa

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A new subsea broadband cable project, led by Angola, is set to provide a flood of international Internet bandwidth to countries on the west coast of Africa, including South Africa, when it goes live in mid-2018. The South Atlantic

1,4m tax eturns submitted via e-filing

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With six weeks to go to before the end of the 2016 tax season, the South African Revenue Service has received over 4m tax returns. “Sars has already received 4 166 243 individual income tax returns. This figure also includes 1 217 428 returns received

Third SABC board member quits

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President Jacob Zuma has received and accepted the resignation of Leah Thabisile Khumalo as a member and deputy chair of the board of the SABC with immediate effect. The president thanked Khumalo for her contribution

AT&T to buy Time Warner for more than $80bn

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Time Warner has agreed to be acquired by AT&T in a stock and cash transaction that values the entertainment conglomerate at US$86bn, according to a person familiar with the negotiations. Investors will get up to $110/share

More banks back Gordhan over Guptas

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South Africa’s largest banks backed finance minster Pravin Gordhan’s stance that he has no power to stop them from closing the accounts of a company controlled by friends of President Jacob Zuma. FirstRand, Standard Bank, Barclays

MTN followed rules in Nigeria, it says

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MTN Group, responding in detail to allegations that the wireless carrier illegally moved more than US$14bn out of Nigeria, said central bank approvals were obtained before any dividends were issued. “No dividends were declared