MultiChoice’s broad-based black economic empowerment companies, Phuthuma Nathi Investments 1 and 2, will receive ordinary and special dividends worth R900m, the Naspers-owned pay-television broadcaster said on Thursday. The companies will receive an ordinary dividends of R480m, compared
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All the latest technology news from South Africa and around the world.
Recently appointed communications minister Yunus Carrim has reiterated deadlines for dealing with the most pressing issues facing the South African technology sector, including digital migration, spectrum allocation and finalising government’s broadband policy
JSE-listed technology services group Business Connexion (BCX) has entered into an agreement to sell its entire interest in its Q Link business unit to Summit Garnishee Solutions (SGS).
SGS, which is a privately held company not related to BCX, has agreed to pay R187,5m in cash for the business
Solidarity has called for renewed wage talks with telecommunications giant Telkom, the trade union said on Thursday. The request for another round of negotiations came after claims that Telkom gave its top management “exorbitant salary increases”, spokesman Marius Croucamp said in a statement. “Top management received
A massive fire on Wednesday at a factory in Wuxi, China owned by Korea’s SK Hynix could send flash memory and random-access memory (RAM) prices soaring. Hynix is the world’s second largest memory manufacturer. According to early reports on Chinese technology news websites and blogs, the fire has
The South African government had over the past year submitted 14 requests to Facebook and three to Google to get information about certain users, Beeld reported. Facebook did not grant any of the requests, and Google granted one request, after receiving a court order in a case involving defamation
Absa has added a new channel to its Internet banking portal with Absa Online Insurance, which allows customers to purchase insurance products or maintain existing ones. Customers can apply for insurance, complete the necessary applications and secure long- or short-term insurance
E.tv will launch four new free-to-air channels, the broadcaster announced on Tuesday. The channels will be made available through sister company Platco Digital’s new OpenView HD direct-to-home satellite platform, which will be launched in October. The new channels
The ANC takes the information and communications technology (ICT) sector seriously and is “more aware now than it has ever been of its crucial importance”. That’s according to communications minister Yunus Carrim, who was speaking to TechCentral in an interview in Stellenbosch on Monday
Blue Label Telecoms and MasterCard plan to roll out point-of-sale (POS) devices to 22 000 small traders and rural shops in South Africa, allowing them to accept card payments for the first time. Blue Label already provides thousands of POS terminals in South Africa, which











