JSE-listed Blue Label Telecoms has hiked its full-year dividend by 64% to 23c/share for the 12 months ended 31 May 2012 after it brought in cash from operations of R528m. Despite spending R800m in the 2012 financial year, including buying out Microsoft’s minority
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All the latest technology news from South Africa and around the world.
Eskom is mulling the wisdom of demanding tariff increases that will make the electricity price fully cost-reflective in five years, the utility said on Tuesday. “That is what we in Eskom are discussing at the moment,” finance chief Paul O’Flaherty said on the sidelines of a briefing to parliament’s portfolio committee on
The contract of national consumer commissioner Mamodupi Mohlala-Mulaudzi will not be renewed by trade & industry minister Rob Davies, his department said on Monday. Mohlala-Mulaudzi’s attorneys were notified of the decision on 17 August, and her contract would expire on 3 September, the department
Parliament’s trade & industry portfolio committee on Friday stopped short of censuring national consumer commissioner Mamodupi Mohlala-Mulaudzi for failing to appear before it. Mohlala-Mulaudzi informed the committee she would not be able to attend due to illness. “She made it clear she had a couple of
Rand volatility will hit Mustek’s earnings in the financial year ended 30 June 2012, the computer assembler and technology distributor told shareholders on Friday. For the year, Mustek’s headline earnings per share are expected to be between 15% and 25% lower than the headline earnings of 89,39c in the previous year. Basic
AppChat, the up-start mobile virtual network operator and voice and data provider headed up by former ECN Telecommunications CEO John Holdsworth, will launch a “controlled pilot” on 15 November. The pilot, which will involve about
Australia’s mega broadband project, the National Broadband Network (NBN Co), has snapped up a top Telkom executive as its new head of network operations. Liesel Ramjoo, Telkom’s managing executive for network core operations, will leave the operator next month to take up the position at NBN Co. She has worked for
Satellite pay-TV challenger TopTV, owned by On Digital Media, has launched a prepaid voucher service, saying it’s one of only a few broadcasters worldwide to offer subscription television on this basis. TopTV interim CEO Eddie Mbalo says offering access
Jonathan Marchbank has been appointed as Virgin Mobile SA’s new CEO. This follows the news last month that the group has sold a stake in its SA operation to Middle Eastern mobile virtual network operator Friendi Group. Marchbank will fill the
Embattled national consumer commissioner Mamodupi Mohlala-Mulaudzi urged trade & industry minister Rob Davies on Wednesday to extend her employment contract. “I believe I have worked very hard. I have excelled,” she told the National Press Club in Pretoria. “I have gone beyond my call of duty










