Altech’s share price fell by more than 4% in late afternoon trading on Wednesday after it turned in a huge loss for the financial year ended 28 February. The JSE-listed technology group, which has had a torrid time in recent years because of the poor performance of its operations outside South Africa, turned
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The department of trade & industry violated the operational independence of the head of the National Consumer Commission, public protector Thuli Madonsela said on Wednesday. “The signed shareholder compact between the commission and the department indicates that the commissioner
Financially distressed pay-television operator TopTV has been given the nod by its regulator to broadcast thee adult content channels. The company may only broadcast the channels — Playboy TV, Desire TV and Private Spice — between 8pm and 5am, the Independent Communications Authority of South Africa (Icasa) has ruled
The website of the Administrative Adjudication of Road Traffic Offences (Aarto) was hacked on Wednesday. The landing page was replaced with a page of scrolling binary code and the heading “rEd X Was Here”, along with the phrase “Proud to be a Bangladeshi Hacker”. In addition, the hacked page plays a pop
Vodacom is the most reputable company among South Africa’s top 20 JSE-listed companies by revenue, a new survey has found. The 2013 RepTrak Pulse survey placed Vodacom rival MTN in fifth place, down from second place last year. Old Mutual placed second, with retailer Pick ’n Pay and Sasol taking
A Pretoria-based software developer has built a mobile application to help Gauteng residents calculate the fees they can expect to pay before e-tolls come into effect. It will help them keep track of the cost after the much-maligned system is eventually introduced, too. The application
Vodacom Group expects its headline earnings per share to rise by as much as 25%, the JSE-listed telecommunications group said on Wednesday, bolstered by a strong operating performance in spite of fierce price competition in South Africa, its biggest market. The group’s earnings have also
The television “white-spaces” trial in South Africa began at the end of March and has three partners, Google, the Wireless Access Providers’ Association (Wapa) and university network organisation Tenet, which is doing the implementation. Tenet already provides the
Eskom has repeated its urgent call on electricity users to help it “beat the peak” this winter by switching off nonessential appliances between 5pm and 9pm each day. Briefing members of parliament’s public enterprises portfolio committee on Tuesday, Eskom CEO Brian Dames said that although
The Seacom cable network, which was damaged last month, was fully repaired over the weekend and all circuits have been restored. The subsea cable was cut in the Mediterranean Sea in March, along with other cable systems. It’s suspected the break was caused by a ship dragging its anchor. “Our











