Trade union federation Cosatu has slammed Telkom’s plans to cut 300 jobs and outsource another 254 staff. On Friday, Telkom confirmed that a section 189 process – which deals
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Energy regulator Nersa approved a 9,4% electricity hike for 2016/2017 on Tuesday. Eskom submitted an application to Nersa in November last year to recover R22,8bn, which the utility said it used to avert load shedding. The decision comes after extensive
The MD of channels at e.tv, Monde Twala, is leaving the free-to-air commercial broadcaster in the latest of a string of high-level executive changes. Twala is expected to exit the company in April. Just over a week
Sphere Holdings has acquired an additional 14,2% stake in independent software development house BBD for an undisclosed sum.
The all-cash deal sees Sphere’s ownership in BBD increase to 49,9%, with the charity Student Sponsorship Programme
Communications regulator Icasa “failed in its statutory obligation” to promote competition in South Africa’s telecommunications industry when it approved the transfer of Neotel’s operating and spectrum licences to Vodacom, Cell C CEO
Telkom has sought to play down a report published on Monday that suggested it plans to slash its workforce by more than 40% in the coming months. Bloomberg reported that Telkom wants to cut its workforce to
R731,88. That’s how much, including VAT, you’re going to have to fork out to get your hands on the credit card-sized computer, the Raspberry Pi 3 Model B, which has gone on sale in South Africa. Developed by the Raspberry Pi Foundation, the Raspberry Pi 3
Vendor-neutral data centre operator Teraco has begun construction of a major expansion to its data centre in Isando, east of Johannesburg, in a move the company says will create the largest such facility in Africa. The new build, comprising
Last year was a particularly bad one for South African millionaires, according to the latest South Africa 2016 Wealth Report by New World Wealth. The number of these so-called high net worth individuals declined by 18% during 2015 – from 46 800 at the end of 2014
Standard Bank Research said the “rand sacrificed most of the gains it had made since the end of January”, which analysts on Monday said was due to a boiling point in politics involving President Jacob Zuma and finance minister Pravin Gordhan