All the latest technology news from South Africa and around the world.
Consumers at all of SA’s big banks, with the exception of Nedbank, are paying lower fees than they were last year. This is according to the third annual bank fees report by the Solidarity Research Institute, the research arm of the Solidarity trade union. The report, which was released on
Telkom’s mobile operator, 8ta, has started offering free Wi-Fi-based Internet access on a fleet of taxis in Gauteng, Cape Town and Durban. The Wi-Fi hotspots, which provide connectivity to 8ta’s third-generation mobile broadband network
Johannesburg- and London-listed technology distribution and services group Datatec has grown diluted headline earnings per share by 6,8% in the six months ended 31 August 2012 on the back of a 7% rise in revenue to $2,62bn. Describing the results as “solid” in a
Eskom is concerned about its one notch downgrading by rating agency Standard & Poor’s, the power utility said on Wednesday. “Although Eskom’s credit rating remains investment grade, with the support of government, the recent downgrades by Moody’s and Standard & Poor’s are
Despite the gloomy economic conditions in SA and worldwide, most JSE-listed technology companies have had a whirlwind 12 months, with some share prices up by more than 50%. An investment in a selection of the country’s top technology stocks would have returned a windfall over the past
Johannesburg-based specialist risk finance company Business Partners has launched a new R400m fund to assist small and medium enterprises (SMEs). This makes it one of the largest SME financing funds in SA. The fund will consider first-round finance deals of up to R10m and will focus on ventures with
Ten months after former Telkom acting group CEO Jeffrey Hedberg stepped down as chief operating officer, JSE-listed technology group Altech has appointed a new chief operating officer. Laurence Savage, who has experience in the media, electronics, engineering and automotive
Since the introduction of call termination rate regulations in March 2010, the effective cost per minute of prepaid mobile voice calls has fallen from R1,37 to R1,04, or 24%, according to the Independent Communications Authority of SA
Fibre-to-the-home networks must play a part in SA’s goal to provide universal access to broadband by 2020, says Vodacom group CEO Shameel Joosub. Next-generation broadband technologies like long-term evolution (LTE) are also crucial and Joosub says that in order to roll out national networks
Conduct Telecommunications, a fibre-optic infrastructure developer, plans to spend R500m in the next 12-24 months expanding high-speed communications networks to 100 precincts around the country. The company, which is backed by international private equity firm The Birchman Group
