The department of correctional services wanted to overpay a company by more than R300m for providing IT services that should have cost the taxpayer R50m. The government’s chief procurement officer, Kenneth Brown, revealed in parliament on
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Giraffe, the South African start-up using technology to help tackle unemployment in South Africa through an automated recruitment service, has announced it has raised a seed round of funding led by Silicon Valley venture firm Omidyar Network. The parties have not
Reunert, the holding company of Nashua, ECN, PanSolutions and other brands, intends using the billions of rand on its balance sheet – including the proceeds of the sale of Nashua Mobile
The Gauteng education department has increased the capacity of its website after it crashed on Monday when online school registrations opened for next year. The site had 600 accesses
Parliamentary officials have demanded that the Post Office chairman pay back money lost through the resignations of top officials. Simosezwe Lushaba faced angry standing committee on public accounts members who questioned the
One of the biggest retail and industrial areas in Johannesburg, Strijdompark in Randburg, is getting fibre broadband. BitCo has announced plans to wire up the large number of businesses in the area
The SABC is not there to make a profit. Rather, it’s a public broadcaster that serves the people, the corporation’s chief operating officer Hlaudi Motsoeneng said on Tuesday. The controversial Motsoeneng, who has survived attempts by the public protector
Despite multiple trips of units at three power stations stress-testing the power system, Eskom managed to avoid load shedding on Tuesday. The multiple trips of units resulted in a loss of 3,5GW and, in an effort to stabilise the power grid, Eskom used five diesel generators
Making tertiary education free would reduce the quality of education and graduates, Allan Gray Orbis Foundation CEO Anthony Farr said on Tuesday. “Ultimately, if fees are free, it has an impact of reducing the quantity that we need and ultimately, I would argue, it would reduce
The International Finance Corporation, which forms part of the World Bank Group, and related funds managed by the IFC Asset Management Company are buying a 18% stake in South Africa- and US-listed technology group Net1 for US$107,7m (about R1,6bn). IFC has agreed to