Headline earnings per share (Heps) at technology group Pinnacle Holdings have slumped by 19% in the year ended 30 June 2014, despite an 8% increase in revenue to R7,1bn. As a result, Pinnacle has decided not to pay shareholders a dividend. Net profit for the year was R273,1m, down from
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The Democratic Alliance on Friday questioned why there was “no sign” of the revised broadcast digital migration policy in parliament this week, warning the delay is holding up the start of the tender process for the local assembly of set-top boxes and the switch-on of digital terrestrial television
South Africa needs more teachers in order for the level of education to increase, President Jacob Zuma said on Thursday. “Without good teachers, our targets of boosting the level of education and skills development in the country will fall flat,” Zuma said in a speech prepared for delivery at the anniversary of the
Communications regulator Icasa is powering ahead with a plan to license new free-to-air television broadcasters in South Africa to compete with the SABC and e.tv. If new players are licensed, it will be the first time South Africa has had a new free-to-air broadcaster since e.tv
Communications regulator Icasa has published its proposed new mobile termination rates for the period 1 October 2014 to 28 February 2018. It will push down the rates, which operators charge each other to carry calls between
Residents of the upmarket Johannesburg suburb of Parkview, following in the footsteps of nearby Parkhurst, are pushing ahead with their plans to build a fibre-to-the-home network in their suburb. The Parkview Residents Association on Thursday said it had issued a request for proposals
Dimension Data Middle East and Africa chairman Andile Ngcaba has called on communications regulator Icasa and government to ensure that high-demand spectrum in the so-called “digital dividend” bands and at 2,6GHz are
In its biggest sale of infrastructure to date, South African-headquartered mobile operator MTN has agreed to sell the nearly 10 000 base stations it owns in Nigeria to tower management company IHS Holding. The sale of 9 151 of MTN’s network towers in Nigeria will reduce its
Solidarity has called on cellphone operator MTN to ask the Commission for Conciliation, Mediation and Arbitration (CCMA) to facilitate its retrenchment process, the union said on Wednesday. The call was made between the two parties on Monday, communications industry spokesman Marius
The South African Post Office blew R2,1bn in irregular expenditure in the past financial year, The Star reported on Thursday. The financial losses were as a result of the irregular awarding of tenders, according to a draft audit report for the financial year ending 31 May 2014, by auditing firms











