Browsing: News

Though it’s long been possible to transfer money into a PayPal account using an SA credit card, for the past 18 months the only way SA users of the payment service could retrieve funds from it was via a linked First National Bank (FNB) account. Now users of any SA bank can

Despite already offering cheap voice and broadband deals to its customers, First National Bank is extending its presence in the space by offering cellphone contracts with handsets at subsidised rates in conjunction with Cell C. In a move meant to drive customers to electronic

In notes accompanying its interim financial results, released on Monday, Telkom has confirmed that by 2015 the slowest broadband package on its fixed-line network will offer download speeds of up to 2Mbit/s, from 384kbit/s now, and up to 40Mbit/s at the top end. The company has also

SA Internet company Incubeta Holdings has purchased local online media company Interface Holdings in a share-and-cash deal worth R100m as part of what it calls a “global expansion into the lucrative small and medium

The pressure is on at Telkom. The JSE-listed telecommunications group says tougher trading conditions, growing competition, regulatory challenges and fixed-to-mobile substitution have put pressure on revenue and

London-based company ForgetMeNot Africa wants to take services such as e-mail, instant messaging and social media to basic cellphones to increase African connectivity and digital engagement. Perhaps most appealing is that its offerings work on any phone that can

The US$700m Africa Coast to Europe (Ace) project to lay a high-capacity, 5,1Tbit/s submarine cable between France and SA is making good progress, with news late this week that the system has landed in Côte d’Ivoire in West Africa. The cable, which is co-owned by

JSE-listed media company Avusa has decided to close its group-buying business Zappon. It believes the deal-a-day group-buying model, pioneered by the US’s Groupon, is flawed but hasn’t ruled out relaunching a reworked model of the service in future. Groupon enjoyed early success with the

The SABC’s chief technology officer, Richard Waghorn, who was responsible for leading the broadcaster’s migration from analogue to digital terrestrial television and who has played a pivotal role in the country’s move to the new system, has resigned. He leaves the

SA companies are lagging their peers elsewhere in the world when it comes to dealing with information security. They are responding to problems as they happen rather than executing on coherent plans, though the situation is gradually improving. That’s a key finding of PricewaterhouseCoopers