All the latest technology news from South Africa and around the world.
It emerged last week that Eskom plans to kit out consumers’ homes with expensive but energy-efficient light-emitting diode (LED) downlighters and other power-saving gear free. Now, the utility says the project is set to continue well into next year as it strives
Democratic Alliance MP and communications spokesman Marian Shinn wants communications minister Dina Pule to lay criminal charges against the “official or officials” who authorised the withdrawal of R4,7m to pay a tax bill. According to Shinn, the
Alan Knott-Craig has resigned as CEO of Stellenbosch-based social networking and instant-messaging service Mxit after disagreeing over strategy with major shareholders in the company, who include former FirstRand executives Paul Harris and GT Ferreira. Mxit is 90% owned by
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
