Vodacom raised prices on 1 May in order to be in a position to reduce them in future, its CEO, Shameel Joosub, said on Monday. Speaking to journalists, analysts and investors at the
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Telecommunications operator Telkom joined First National Bank in having a blue Monday as technical glitches took both institutions offline. First to go down was FNB, with problems apparently associated with its network causing
Vodacom CEO Shameel Joosub said the telecommunications operator’s proposed R7bn acquisition of Neotel should have no conditions attached to it as it is “stepping up to the plate” to be South
Electronic payments company Net1 UEPS Technologies has chosen to withdraw from an upcoming social grants tender process following years of controversy. In April last year, the constitutional
MTN employees have been offered canteen subsidies, data benefits and extra Sim cards in an effort to overcome their grievances, but they still look set to strike later this week. As many as
First National Bank (FNB) has recovered from a system outage that hit both its website and mobile banking application on Monday morning. “FNB can confirm that it had a brief interruption and
New rules regulating the use of remotely piloted aircraft systems, popularly known as drones, have been signed by transport minister Dipuo Peters and will officially be put into effect on 1 July 2015. The director of civil aviation, Poppy Khoza, said the South African Civil Aviation
As many as 2 000 MTN workers are set to strike from Wednesday to demand higher bonuses. The Communication Workers Union reportedly said in a statement on Friday that the employees would down tools on 20 May
First National Bank was offline on Monday morning, frustrating consumers who took to social media networks, including Twitter, to vent their frustration. An FNB spokesman has confirmed the downtime and has said the bank will issue a holding
Vodacom has reported a 4% decline in full-year headline earnings per share as the mobile group faced big cuts in wholesale inter-network call rates, exchange range volatility and increased retail price competition in its key markets. Net profit declined