Turnaround plans at the South African Post Office do not include any talk of privatisation, says the state-owned company’s new CEO. Cabinet on Thursday approved the appointment of Mark Barnes as group CEO
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Possibilities exist for the beleaguered South African Post Office to be profitable again, said the state-owned company’s new CEO. On Thursday, cabinet approved the appointment of Mark Barnes as group CEO of the
Naspers expects headline earnings per share for the six months ended 30 September 2015 to have leapt by between 25% and 30% compared the same interim period a year ago, the media and technology group said on Friday
Telkom has abandoned a plan to acquire Cell C. The telecommunications operator told shareholders on Thursday afternoon that it had walked away from a deal to acquire South Africa’s third mobile licensee
The Post Office is getting a veteran of corporate South Africa to lead it. Telecommunications & postal services minister Siyabonga Cwele said on Thursday that cabinet had decided to appoint Mark
In the second interest rate hike for the year, the South African Reserve Bank’s monetary policy committee hiked the repo rate to 6,25%, governor Lesetja Kganyago announced on Thursday
Africa’s biggest mobile network MTN has been slapped with a Ugandan court order to pay $662 000 (R9,3m) in damages for alleged anticompetitive behaviour. It is understood that MTN supplied a mobile money transfer
Cell C has demonstrated download speeds across an LTE Advanced network at the AfricaCom trade show in Cape Town of as much as 138Mbit/s. The operator can’t, however, deploy the technology without
What would frustrate South Africans enough to switch banks? Surprisingly it is not benefits, or rewards, or a cheaper alternative that would make them move, but impolite, rude or uninterested staff. This is a wake-up call for local banks, but South Africans are not alone in their number
Despite the lower cost of Wi-Fi compared to mobile network connectivity, there is still low adoption of the technology in emerging markets such as South Africa, says an industry player. “In developed markets, Wi-Fi adoption in homes is more or less 100%