Investors sold off Telkom shares on Monday following the resignation of group CEO Nombulelo Moholi. The share price was almost 3% lower at R17,69 in late morning trade on the JSE, after briefly changing hands at as low as R17,51. Telkom
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Telkom CEO Nombulelo Moholi has resigned, becoming the latest in a long string of leaders of the telecommunications group to step down in recent years. Moholi, who is credited with building a strong management team around her and leading a project to upgrade
Deputy communications minister Stella Ndabeni-Abrahams took a stand after she learnt that her department’s director-general misled Parliament. Ndabeni-Abrahams said this week that although Rosey Sekese had told the parliamentary portfolio committee on communications
Free-to-air television broadcaster e.tv has taken exception to a proposal by the Independent Communications Authority of SA (Icasa) to take away a big chunk of radio frequency spectrum currently reserved for broadcasters and to reassign it for wireless broadband. The spectrum
South Africa is one of the most improved countries in terms of mobile network performance, having shown a 50% improvement between 2011 and 2012, new research by Cisco shows. However, the country is still far behind the rest of the world when it comes to connectivity
VMK, the Congo-Brazzaville-based website design, application development and consulting company that released a 7-inch tablet computer in 2011, has now released its own smartphone, called the Elikia. The handset, which costs US$150, offers
Accounting software company Softline Pastel has launched a mobile application for its cloud-based accounting service for small businesses, Pastel My Business Online. Also, its personal financial management (PFM) service can now pull in banking data automatically and it has launched
The quality of South Africa’s maths and science education has been ranked last in a survey of 62 countries by the World Economic Forum. The report ranked South Africa 54th when it came to gross tertiary enrolment – behind India, but ahead of Morocco, Ghana, Bangladesh, Nigeria
TopTV owner On Digital Media, the first and only company to launch a commercial alternative to incumbent pay-TV operator MultiChoice’s DStv, is in serious financial difficulty. The company’s management team has decided to seek a “business rescue” under section 129 of the new Companies Act. This
The use of a device to jam cellular phone signals, privately or publicly, is illegal in South Africa, the Independent Communications Authority of SA (Icasa) said on Wednesday. “No organisation is allowed to jam cellular signal, and any device which is used to jam signal is illegal,” Icasa spokesman Paseka Maleka