Browsing: News

Finance minister Pravin Gordhan has previously slapped down plans by the SABC for a 24-hour news channel, saying “this is not the time for vanity projects”, but that has not stopped the public broadcaster steaming ahead to the launch of its satellite project on 1 August

The Competition Commission has approved the proposed acquisition of Independent News & Media South Africa by Sekunjalo Independent Media, it was announced on Sunday. The final transfer of ownership was expected to be completed on 15 August, Independent South Africa CEO Tony Howard said in a statement. The approval of the deal was subject

Telkom has hit back at allegations levelled against it by Solidarity spokesman Marius Croucamp, providing information it says shows that the trade union made false statements in a media interview on Thursday. Croucamp told TechCentral that Telkom CEO Sipho

Altech’s minority shareholders on Friday gave the nod to Altron to buy them out. The move has cleared the way for Altron to terminate Altech’s listing on the stock exchange in Johannesburg. Altron already holds 61% of Altech. It’s the second attempt in six years by Altron, which

Telkom chief financial officer Jacques Schindehütte has joined the company’s CEO, Sipho Maseko, and chairman, Jabu Mabuza, in snapping up shares in the telecommunications operator. The company notified shareholders on Friday that Schindehütte had bought

The directorate of the Advertising Standards Authority has found in MTN’s favour in a complaint about advertisements by rival Cell C that the larger operator said were disparaging towards its brand. The campaign in question involves Cell C’s 99 Cents for Real radio and

From the Northcliff water tower, you have a 360-degree view of ­Johannesburg. On a clear day, you can see all the way out to the Magaliesberg. The skyline landmark teeters on what was once called Aasvöelkop, the ridge where Matabeleland founder Mzilikazi stood before he headed north to Zimbabwe

Microsoft believes it can use television white-spaces spectrum – gaps in broadcasting frequencies – to deliver uncapped broadband Internet access to South Africans for between R20/month and R50/month. Microsoft South Africa MD Mteto Nyati says the US-headquartered

The Communication Workers Union has reached a settlement with Telkom in the long-running wage dispute between the operator and trade unions. The CWU has accepted Telkom’s three-year wage offer. The other unions embroiled in the dispute have yet to sign, but Telkom says it expects them to do so shortly

Newly appointed communications minister Yunus Carrim has said that Telkom must balance the interests of all of its shareholders, including government. He made the remarks in statement following a meeting on Thursday with Telkom CEO Sipho Maseko and chairman Jabu Mabuza. Deputy