Eskom is concerned about its one notch downgrading by rating agency Standard & Poor’s, the power utility said on Wednesday. “Although Eskom’s credit rating remains investment grade, with the support of government, the recent downgrades by Moody’s and Standard & Poor’s are
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All the latest technology news from South Africa and around the world.
Despite the gloomy economic conditions in SA and worldwide, most JSE-listed technology companies have had a whirlwind 12 months, with some share prices up by more than 50%. An investment in a selection of the country’s top technology stocks would have returned a windfall over the past
Johannesburg-based specialist risk finance company Business Partners has launched a new R400m fund to assist small and medium enterprises (SMEs). This makes it one of the largest SME financing funds in SA. The fund will consider first-round finance deals of up to R10m and will focus on ventures with
Ten months after former Telkom acting group CEO Jeffrey Hedberg stepped down as chief operating officer, JSE-listed technology group Altech has appointed a new chief operating officer. Laurence Savage, who has experience in the media, electronics, engineering and automotive
Since the introduction of call termination rate regulations in March 2010, the effective cost per minute of prepaid mobile voice calls has fallen from R1,37 to R1,04, or 24%, according to the Independent Communications Authority of SA
Fibre-to-the-home networks must play a part in SA’s goal to provide universal access to broadband by 2020, says Vodacom group CEO Shameel Joosub. Next-generation broadband technologies like long-term evolution (LTE) are also crucial and Joosub says that in order to roll out national networks
Conduct Telecommunications, a fibre-optic infrastructure developer, plans to spend R500m in the next 12-24 months expanding high-speed communications networks to 100 precincts around the country. The company, which is backed by international private equity firm The Birchman Group
Their smartphone’s operating system, network coverage and quality of service are what consumers in SA and worldwide prioritise when it comes to making a decision about which telecommunications products and services to purchase. This is
Eskom’s application for new electricity increases should reflect its costs and be transparent, the Energy Intensive Users’ Group (EIUG) said on Monday. “Currently, tension exists with affordability of electricity to customers at one end, and the need for cost-reflective pricing that supports a viable
Computicket has been accused of using its market power to bully a developmental theatre company that works with schools. The dispute between theatre company Minimax and the SA State Theatre in Pretoria is about the exclusive contract Computicket signed with the latter in August 2011. By forcing