All the latest technology news from South Africa and around the world.
Eskom is struggling to maintain a balance between a steady power supply and a growing need to maintain old power stations, the state-owned energy company said on Monday. “Most power stations are in mid-life and require increased maintenance. However, maintenance has been continually shifted in order to ensure we meet
Simon Camerer, the man who “appointed” comedian Trevor Noah as Cell C’s CEO (“chief experience officer”) and who led the makeover of the cellular operator’s brand, is set to take the top sales and marketing job at DStv operator MultiChoice on 1 February. Camerer resigned as Cell C’s marketing director at the end of last year after
Pundits and privacy activists alike have been closely monitoring developments in radio-frequency identification (RFID) chip technology in recent years. With prices falling, people are finding all sorts of interesting new uses for RFID chips, most of which are the size of a grain of rice. But is the technology more
Public enterprises minister Malusi Gigaba wants all parastatals to be brought under his department to drive economic growth, he told the Sunday Times at the weekend. His department currently controlled eight parastatals, including SAA, Transnet, Eskom and Denel. With the exception of Broadband Infraco
Standard Bank and Nedbank have finally offered their opinions on online personal financial management (PFM) start-up 22seven, which has been garnering an enormous amount of attention and controversy from banks and consumers alike since launching on Thursday. Absa and First National Bank have both weighed in
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
