All the latest technology news from South Africa and around the world.
Talks between JSE-listed telecommunications group Telkom and Korea’s KT Corp appear to be progressing well. In an update to shareholders on Friday, Telkom says a “diagnostic review” is “well progressed” and the two companies expect to finalise their finding within the next few weeks. KT Corp has expressed
Christo Davel, former head of now-defunct online bank 20twenty, has launched a new online financial services venture called 22seven designed to help people better manage their money. “Our service doesn’t have all the answers but it does have a few insights,” says Davel, who is CEO of the new company. “22Seven
South Africans are the most active tweeters on the African continent, producing twice as many tweets as Kenya, the next most active country. According to communications consultancy Portland Communications, more than 5m tweets were sent from SA in the last quarter of 2011. Nigeria, Egypt
JSE- and Nasdaq-listed Net1 UEPS Technologies, which recently concluded a R10bn deal with government to manage the payment of social grants, has reached an agreement to sell up to 19,9% of its equity to black shareholders in a deal worth up to US$80m (R625m). The deal will “strengthen the development
Old Mutual and T-Systems in SA have signed an IT infrastructure management deal worth almost R2,6bn, extending the two companies’ existing relationship until 2019. They say it’s one of the largest IT infrastructure deals of this nature in SA’s insurance industry. Referred to as “Equinox”, the deal is meant
Nokia has launched its Lumia range of smartphones, its first phones powered by Microsoft’s Windows Phone platform, in the SA market. The Lumia devices represent Nokia’s concerted effort to claim back lost market share lost to Apple’s iPhone and devices
Government will not meet its self-imposed deadline of April 2012 to switch on digital terrestrial television, says communications minister Dina Pule, who now expects services will be only be launched commercially in the third quarter of the year. Pule was speaking
The drive is on to give the poor in rural areas access to communication services, communications minister Dina Pule said on Tuesday. “Our aim is to bridge the rural-urban divide by 2020 with the help of the state-owned enterprises, such as [state-owned signal distributor] Sentech and the Universal Service
Banks that can’t stay on top of credit card fraud risk losing customers as well as incurring reputational damage over and above the financial implications of being defrauded. Moreover, credit card fraud appears to be on the rise. These are the views of Colin Hill, senior solutions manager for financial crimes and risk management
MTN is increasing the download speed for users of its “uncapped” Internet products who reach fair-use limits. This follows a four-month trial, which ends this month, in which it offered uncapped mobile broadband without any limitations. MTN, which is the only mobile cellular operator in SA to offer uncapped plans
