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Cable theft costs South Africa about R5bn/year, and the “war on cable theft” is being intensified, police minister Nathi Mthethwa said on Tuesday.In written reply to a parliamentary question, he said training for designated “second-hand goods” police officers

Banking group Absa has launched a product aimed at tech-savvy young professionals. Called Potentiate, it includes a new bank card with a digital display for showing one-time Pin numbers. The product promises various loyalty benefits and those taking it up can opt to purchase an

Reunert has lifted its total cash dividend per share by 12%, to 275c, on the back of a 9% increase in normalised headline earnings per share for the year ended 30 September 2012. The JSE-listed technology and telecommunications group, whose brands include Nashua Mobile and

It is not up to government to devise a strategy for Telkom or for it to impose its will on the company. Rather, it’s up to management, through the board of directors, to develop a strategy and sell that to all shareholders, including government. That’s the view of newly

Telkom’s operating expenses of R15,6bn in the first half of its 2013 financial year were almost level with its revenue of R16,1bn, meaning the company could soon be lossmaking. This is the warning from chief financial officer Jacques

Roy Kruger, technical adviser to communications minister Dina Pule, says Telkom is set to stage a turnaround despite being overstaffed “like all government entities”. He says the Pule has submitted several proposals, including a recommendation, on the company’s future to cabinet. He

Africa’s booming mobile market’s edge lies in its role as an innovative hub for new products in the banking, health, education and commerce sectors. A number of recent reports released by PwC, Deloitte and the GSM Association have confirmed this growing trend. It

Migration from fixed-line services to mobile alternatives continues to hurt Telkom, with the number of fixed lines in service plummeting to less than 3,9m at the end of September from 4,1m a year ago. The operator’s interim results for the six

South Africa’s e-reader market received a shake-up this month when Pick n Pay announced that it was bringing the Kobo Touch e-reader to SA for R995. By comparison, the Kindle Touch 3G, which was recently launched in South Africa, retails at R2 699. Obviously

Parliament’s portfolio committee on communications will probe telecommunications costs in South Africa, starting at a two-day public hearing at the end of this month. The two-day session, which will take place on 29 and 30 November, will form the initial phase of