Telkom has slammed trade unions for spreading disinformation about restructuring at the telecommunications operator, dismissing as “baseless” claims made this week by Solidarity and the South African Communications Union. Sacu has warned that Telkom could be planning to dismiss
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JSE-listed EOH Holdings is hoping to attract American investors. The IT services company has launched an American depository receipt (ADR) programme in the US. “The launch of our ADR programme will enable international investors interested in companies in emerging markets to more easily invest
The rocket that is Telkom’s share price shows no sign of running out of fuel. On Tuesday, the counter hit the R50 level for the first time in more than five years on investor optimism of a sustained turnaround. The bullishness about the company’s outlook has pushed it market capitalisation above
Solidarity intends using social media and court action to stop what it says are race-based retrenchments at Telkom, the trade union said on Tuesday. “In terms of legislation, race may not be used as a criterion during a retrenchment process,” deputy general secretary Johan Kruger said in a statement
Durban-based Emerge Mobile, the ambitious mobile payments start-up, has launched its smartphone-based mobile payments system. Similar to US-based Square, the payment card acceptance solution allows users to accept card payments using their smartphones. iKhokha, a Cape Town based financial services
Google has announced 13 new languages for Gmail, two of which are South African languages Afrikaans and isiZulu. The additions push the number of supported languages on the Gmail platform to 71. “Gmail is already available in 58 languages, and today’s we’re bringing
Telkom has rubbished claims by a trade union that a jobs bloodbath is looming at the telecommunications operator. The South African Communications Union claimed on Monday that the company intends slashing its workforce in half – firing 9 500 of Telkom’s 19 000 employees – within the
Dark Fibre Africa (DFA) has reached a deal with a syndicate of lenders that have agreed to provide R3,5bn in corporate debt facilities to the privately owned fibre telecommunications infrastructure provider. The funds will be used to replace the company’s project finance funding and invest in new
Africa’s first accelerator mass spectrometry facility was unveiled by science and technology minister Naledi Pandor in Johannesburg on Monday. The new facility, at iThemba Labs in Braamfontein, is being funded by Pandor’s department, the National Research Foundation and
E-tolling and its effects since implementation should be reviewed in parliament, Democratic Alliance parliamentary leader Mmusi Maimane said on Monday. The DA would ask the transport portfolio committee to do the review over the coming days, Maimane told reporters in Johannesburg











