Altron is continuing to shed assets as it restructures its business to become as a more focused and leaner technology group. It announced on Thursday before markets opened that it has reached an agreement to dispose of subsidiary Powertech’s 75% equity stake
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All the latest technology news from South Africa and around the world.
The Nigerian Communications Commission has decided to reduce the fine imposed on MTN by 35%, the telecommunications group said on Thursday. The size of the fine remains by far the largest fine ever imposed on a telecoms
Free higher education for all was impossible, higher education minister Blade Nzimande said on Thursday. Government policy made no mention of free higher education, he told student representatives from 26 universities around the country
Thousands of revellers descending on Durban for the Rage Festival have fuelled simmering tensions between Uber taxi drivers and minibus taxis contracted by the organisers. A video purportedly showing “Rage Rides” taxi drivers assaulting an Uber driver
WeChat Africa has announced plans to invest R50m in technology start-ups in Africa “to support local entrepreneurs and technology innovations”. WeChat, which is developed by Tencent
Government investment manager, the Public Investment Corp (PIC), has finalised its acquisition of the state’s 13,9% equity stake in Vodacom. Government is set to use the proceeds of the sale to the PIC to help fund Eskom. At the current share price
Troubled diversified technology group Altron has announced it will consolidate its head office, with subsidiaries Altech and Bytes – currently housed in a building in Woodmead, Johannesburg – moving to Altron’s head office in Parktown. The move will allow
Year-on-year supply and demand for Internet accommodation service Airbnb is exploding in South Africa with triple-digit percentage growth. This is according to Airbnb GM for the Middle East and Africa Nicola D’Elia, who is visiting South Africa this
Almost 200 000 newly issued smart ID cards are gathering dust at home affairs offices around the country. Of the 187 799 cards that are ready for collection, in Gauteng
Chinese fibre-optic cable manufacturer Yangtze Optical Fibre and Cable Company has announced plans to establish a telecommunications fibre cable manufacturing facility at the Dube TradePort











