All the latest technology news from South Africa and around the world.
Retrenchments at Nashua Mobile are inevitable following the decision to sell its customer base and to close the business, but parent Reunert says “all options are being considered” to find places for them within the rest of the JSE-listed group and in the broader industry. That’s the word from Reunert spokesman Carina de Klerk
Service provider Nashua Mobile has agreed to sell its MTN and Vodacom subscriber bases to the two mobile operators and is in talks to sell its Cell C subscriber base, too, parent Reunert told shareholders on Monday. Nashua Mobile will receive almost R2,3bn from the sale, before VAT. It appears that the two big mobile
Nashua Mobile will close all of its operations once it has completed the sale of its subscriber base to South Africa’s mobile operators, it said on Monday. The company has promised its customers that they will continue to receive uninterrupted service after announcing that it had reached an agreement to sell most of its subscriber
French telecommunications group Orange is playing down the impact on it of the expected imminent closure of Nashua Mobile, in whose stores it was building a brand presence. Nashua Mobile parent Reunert said on Monday it had entered into agreements to sell its subscriber base to MTN and Vodacom, and that it was engaged
MTN may have just kick-started a new price war in South Africa’s mobile industry. The telecommunications operator has cut prepaid rates to 79c/minute to all networks, although only on a promotional basis for the next three months, until 9 July. The move comes just two weeks after a high court judge ordered that mobile
The Johannesburg Stock Exchange (JSE) has changed the colour of its logo and the typography to depict itself as a “modern African marketplace”, it said on Monday. “The JSE’s logo and colour palette moves to a bold black, white and green combination while the typography takes on a clean, digital feel,” JSE issuer and investor relations
Communications regulator Icasa had taken more than 48 hours to hear a Democratic Alliance complaint against the SABC over the pulling of an election advertisement, DA MP James Selfe said on Monday. “The DA is extremely concerned that the 48-hour timeline set by Icasa’s regulations has been ignored in this case
Communications regulator Icasa has denied some prominent South Africans radio licences. Icasa refused to grant a licence to Durban-based Capital Radio 604, of which former South African Reserve Bank governor Tito Mboweni’s investment holding company would have owned 40%, according to the Sunday
South African Apple distributor Core Group has been ordered by the Advertising Standards Authority (ASA) to withdraw an advertisement in which it claims that Apple iPads are used four times more than other tablet computers. The order followed a complaint lodged
SABC bosses were protecting their positions when they decided not to broadcast an advertisement by the Democratic Alliance, party leader Helen Zille said on Saturday. “They are terrified for their positions because he [president Jacob Zuma] deployed them,” she
