Browsing: News

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

Internet ride-sharing company Uber says it welcomes a new transport bill that plans a crackdown on drivers who don’t have meter taxi licences. The Sunday Times reported at the weekend that cabinet has

MTN South Africa has taken an impairment charge of R592m related to over-spending on handsets in 2015. Parent MTN Group revealed in its annual results, published on Thursday, that

Cape Town audiologist Gail Jacklin, who lost over R200 000 in a Sim-swap scam earlier this year, says she is emotionally drained and has lost trust in both First National Bank and MTN. Earlier this week, private consulting forensic

South African-born Silicon Valley entrepreneur Vinny Lingham wants to curb identity theft with his latest venture, called Civic. Lingham shot to Silicon Valley fame when he sold his virtual gift card service Gyft to First Data for more than US$50m in 2014

Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes

MTN’s video-on-demand strategy in the South African market has not worked as expected and will now be radically overhauled. That’s the word from MTN South Africa CEO Mteto Nyati, who was speaking

MTN’s South African subsidiary increased its profit margin, calculated using earnings before interest, tax, depreciation and amortisation, by 1,3 percentage points to 33,4%, suggesting a solid turnaround in the operation, which has underperformed in recent years

Despite the hellish time it had in Nigeria in the final quarter of its 2015 financial year – facing a fine of US$3,9bn from regulators there – telecommunications group MTN has announced it is hiking its final dividend to R8,30/share, up by 3,8% on 2014’s payout.