Usage-based insurance telematics, where insurance companies are able to determine everything from a customer’s driving habits to who really was responsible for an accident, will be the next big growth engine for the stolen vehicle tracking and recovery industry. That’s the view of Altech
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The department of communications on Monday went on the offensive against the Sunday Times, accusing the newspaper of “peddling slander and salacious rumours” in a “desperate attempt to convict” the minister “in the court of public opinion”. The department’s newly appointed spin doctor, Wisani Ngobeni
Vendor-neutral data centre operator Teraco Data Environments has secured a R200m medium-term funding facility from Absa’s corporate and investment banking division. Teraco CEO Lex van Wyk says the funding will allow Teraco to meet the demand created by growth of the Internet and cloud computing
Ten years ago, Stephen Hawking made a bet with the man in the office next door at Cambridge University: South Africa’s Neil Turok, the son of ANC MP Ben Turok. The iconic scientist balked at Turok’s proposal for a money wager, so they agreed on another kind of stake: bragging rights over which of them had discovered
Minister in the presidency Collins Chabane is next week expected to announce the findings of the long-awaited presidential review of state-owned enterprises and speculation is mounting that communications minister Dina Pule will be the big loser in
Communications minister Dina Pule will not apologise to the Sunday Times, her department said on Friday. “For the record, minister Pule has not apologised to the Sunday Times, and has no intention to do so,” department spokesman Siyabulela Qoza said in a statement. He was responding
With a potential repositioning of some of the country’s most significant parastatals in the offing, a number of ministers could lose out as key entities are placed under the ever-extending wing of public enterprises minister Malusi Gigaba. Not least of these
The national council of provinces (NCOP) has proposed an amendment which would give parliament more say in the determination of toll prices. Currently, the minister of transport has sole powers to determine toll fees and toll increases. This week, the
Shareholders in financially troubled technology services company Gijima have given the green light to its proposed rights offer, in which it’s raising R150m “to ensure compliance with all its funding covenants” and to finance its working capital requirements. Gijima announced the rights offer at the
It will take up to eight years to issue all South Africans with smart card identity documents, home affairs minister Naledi Pandor said on Thursday. The department believed that once the process was underway, it could print about 3m ID cards a year, using the government printing works, Pandor told reporters











