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Despite turning in a slump in revenue in the six months ended 31 December 2013, troubled technology services company Gijima appears finally to be having at least some success in righting the ship. But it’s not quite clear of the rocks yet. Revenue from continuing operations fell by 19% to R741,3m, from R911,2m

Pinnacle Holdings CEO Arnold Fourie has taken advantage of a recent slump in the technology group’s share price, which followed the arrest of executive director Takalani Tshivhase for alleged corruption, by snapping up more than R13m worth of shares. On Friday, Pinnacle revealed to shareholders that the Arnold Fourie Family Trust

The Congress of the People (Cope) has welcomed former communications minister Dina Pule’s decision to withdraw as an ANC candidate for member parliament. “We are disappointed, however, that it took a lot of public pressure and shaming before Ms Pule could see the writing on the wall,” Cope president Mosiuoa Lekota said on Friday

Former National Energy Regulator of South Africa chairman Collin Matjila will be acting CEO of Eskom when current CEO Brian Dames steps down next week, the power utility said on Thursday. “Upon the appointment of the substantive chief executive, Mr Matjila will return to his position as a nonexecutive director

Former communications minister Dina Pule has decided to decline the ANC’s nomination for the national assembly, she said in a statement on Thursday. “I have given great thought to what I should do with the rest of my life, and while I will remain a loyal and committed member of the ANC, it is in my best interest and that of my children

Communication minister Yunus Carrim on Thursday welcomed a Special Investigating Unit (SIU) probe on the Universal Service & Access Agency of South Africa (Usaasa). “We welcome the SIU proclamation on Usaasa. Obviously it is regrettable, but the proclamation is absolutely necessary in view of the persistent allegations against Usaasa

The focus of the low-cost microcomputer Raspberry Pi, which costs as little as R349, has not hit its intended target market in South Africa, says RS Components, one of two global distributors of Raspberry Pi. RS Components GM Brian Andrews says it’s more South African hobbyists and designers that have taken an interest in the

Vodacom intends tabling an offer of US$460m (about R5bn) to buy Neotel, according to a report published in the Wall Street Journal on Wednesday. The newspaper, quoting an unnamed executive at India’s Tata Communications, Neotel’s holding company, said that Vodacom, which is a subsidiary of the UK’s Vodafone, will also take on Neotel’s

Takalani Tshivhase will take a leave of absence as an executive director of Pinnacle Holdings following the news this week that he had been arrested for allegedly trying to bribe a top police official to secure a tender. “In the light of the bringing of the charge, Tshivhase has

A lack of regulation in the mobile network market would likely harm consumers, the high court in Johannesburg heard on Wednesday. Kate Hoffmeyer, for Cell C, argued that if MTN and Vodacom were granted interim relief through the court suspending Icasa’s 2014 regulations, this would result in the market being