All the latest technology news from South Africa and around the world.
SA will have new banknotes, bearing the face of former president Nelson Mandela, before the end of the year. Although the new notes are the same sizes as their predecessors, they include new security measures, some of which will mean automatic counting
The Internet Service Providers’ Association (Ispa) has called on Telkom to allow service providers other than TelkomInternet to participate in its trial to test digital subscriber line (DSL) services of 20Mbit/s and 40Mbit/s. The trial started on 3 September and is scheduled to run until 31 January. Telkom is a wholesale
Eskom’s application for tariff increases was ready to be submitted, before government asked it to look at additional factors, the parastatal said on Wednesday. “We were ready, it was 100% in line with regulation. We engaged since February with hundreds and hundreds of stakeholders,” Eskom finance director Paul O’ Flaherty said
The black economic empowerment (BEE) companies established by DStv owner MultiChoice are being paid ordinary and special dividends to the tune of R1bn in the current financial year, the pay-TV broadcaster said on Wednesday. The empowerment
Dimension Data Middle East & Africa chairman Andile Ngcaba is reinvesting all of his proceeds from the black economic empowerment (BEE) deal he struck with the company in 2004 now that it has vested. The total value of the transaction
The share price of JSE-listed technology group Gijima soared by more than 12% on Wednesday morning after it told shareholders it was in talks to dispose of its mining and consulting businesses, housed under the MineRP division, to a consortium led by RMB Private Equity subsidiary RMB Corvest
Telkom plans to expand into a range of new value-added product areas in an effort to offset the declining margins in its traditional business of providing bandwidth and connectivity. At the same time, it is making progress with its plans to offer
Local-loop unbundling, the regulatory intervention whereby third parties get access to Telkom’s physical infrastructure, is often regarded as the best solution for reducing broadband prices and growing penetration. But one Internet service provider has
In what was clearly a very carefully worded speech delivered at the annual Satnac conference on Monday, Telkom Group CEO Nombulelo Moholi hinted there could be a solution to delivering broadband to all South Africans on a “sustainable basis” for the
A request from the Financial Services Board (FSB) has placed Rockland Investment Management, an investment firm into which Telkom’s retirement fund (TRF) put R60m, under provisional curatorship. The TRF invested about R60m with
