Business Connexion (BCX) has made a R614m offer to buy up a big portion of the assets of the UCS Group. BCX will settle the deal through the issue of 101m new shares, with R30m to be paid in cash
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Government will build 18 information and communications technology (ICT) hubs, two in each of SA’s nine provinces, over the next year as a way of bringing technology to SA’s rural poor. The plan, which will cost
Telkom acting CEO Jeffrey Hedberg says the telecommunications group is implementing a five-year plan to refocus its energy on growing commercial returns. He says despite the troubles of recent weeks, management and Telkom
Altech has bought software vendor Swist Technology Solutions for R52m. It will pay R30m upfront, with the balance to be paid over three years, depending on whether specific profit targets are achieved. Swisttech management and
Communications minister Roy Padayachie on Monday expressed concern at media reports regarding a dossier that allege “widespread corruption” at Telkom. “Padayachie is confident that the Telkom board of directors is well capacitated to deal
Listed technology companies Altech and Altron, its parent, have warned shareholders that market conditions are not improving as quickly as they had hoped and this could undermine earnings. For its part, Altech, which owns
The Democratic Alliance has called on home affairs minister Nkosazana Dlamini-Zuma, to release two investigative reports about its controversial, multibillion-rand IT project, “Who Am I Online”. The project, which was
SA has taken a step into the space age with yesterday’s launch of the SA National Space Agency. Science and technology minister Naledi Pandor says the launch of the agency forms the first phase in a plan to develop
Despite being the year of the 2010 soccer World Cup, the soccer spectacle was outranked in Google’s fastest rising searches by teen sensation, Justin Bieber, as well as SA’s latest rap-rave hotshots, Die Antwoord
The SA Chamber of Commerce and Industry (Sacci) has introduced a “copper theft barometer” to try reduce the R5bn this crime costs the economy each year, a spokeswoman said on Thursday