All the latest technology news from South Africa and around the world.
Business Connexion has overtaken long-time incumbent Dimension Data to become the top IT company in South Africa as measured by its share of the market’s value, according to new research by International Data Corp. BCX’s performance is due to strong annuity-based
Fees paid to nonexecutive directors at JSE-listed companies have increased moderately, auditing firm PwC said on Thursday. “The median chairperson fee across the entire JSE has risen by 7,1% to R422 000,” PwC’s Southern Africa human resources
The disciplinary hearing involving suspended Telkom chief financial officer Jacques Schindehütte will begin in Johannesburg tomorrow, Thursday, the telecommunications operator has said in a statement. “This disciplinary hearing is the outcome of a process that
Communications minister Yunus Carrim has been given a mixed report card by the Democratic Alliance in its analysis of the performance of cabinet ministers over the past year. Carrim has been given a “C” by the opposition political party for “attempting, with
President Jacob Zuma has scored another “F” on the 2013 cabinet report card released by the Democratic Alliance and the Independent Democrats on Wednesday. The opposition party releases its score card for cabinet members annually
JSE-listed Altron, fresh from buying out minority shareholders in subsidiary Altech and delisting it from the stock exchange, has radically overhauled its corporate identity. The move comes after Altron, which was founded in 1965 by telecommunications engineer
Johannesburg- and London-listed technology group Datatec has named its chief financial officer, Rob Evans, as its new operations director. He will take on the new role with effect from 1 June. Evans will be replaced in the finance role by Jurgens Myburgh, who will join Datatec
Suspended Telkom chief financial officer Jacques Schindehütte has a “fiduciary duty” to repay R6m he was loaned by the company so that he could buy shares. The telecommunications operator says in a statement that the loan was granted in a manner that
Caxton sold about R100m of shares in Times Media Group between June and December last year, it was reported on Tuesday. According to Business Day, Caxton bought a significant stake in TMG from Mvelaphanda last January, when TMG was trading at less than R14
Telkom’s share price touched a fresh 52-week high on Monday as investors continued to pile back into the company on the expectation that it will begin to deliver on a promised turnaround in its fortunes in 2014. In intraday trading on Monday, Telkom was trading as high as
