JSE-listed media group Naspers will fork out R2,9bn and give up its stake in Mail.ru in exchange for a 28,7%…
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All the latest technology news from South Africa and around the world.
In a shock development, Telkom chief financial officer Peter Nelson has resigned from the telecommunications group. The move comes less than a week after the departure of group CEO Reuben September. In a short statement issued to the JSE’s Sens news service on Tuesday afternoon, Telkom says Nelson has informed the board of his resignation as director and chief financial officer with effect from 9 October 2010.
As of Wednesday, South Africans hoping to register a business will have to provide a certified copy of their identity documents to the registration office. The Companies and Intellectual Property Registration Office (Cipro) says all transactions that take place at the office will require company directors to provide their barcoded ID books. Cipro acting CEO Lungile Dukwana says the new process is part of the organisation’s attempt to fight the fraud and corruption that has afflicted the organisation.
US e-retailer Amazon.com will open a customer service centre in Cape Town in October 2010 that it claims will create more than 600 new jobs in its first two years of operation, with an additional 400 seasonal jobs to be added during the fourth quarter holiday periods. The facility will provide services in English and German and will provide customer support and service to Amazon customers in the US and Germany. Interestingly, it will not serve SA customers at all.
The ministry of communications is confident the board of directors it has selected to manage Sentech will turn around the state-owned business and it will not interfere in the running of the company. This is despite a newspaper report at the weekend that acting CEO Beverly Ngwenya and chief financial officer Mohammed Cassim had resigned and were being charged for “gross negligence” as a result of alleged reckless spending.
A senior telecommunications industry executive on Tuesday warned against the dangers of a price war in international bandwidth capacity in…
Local mobile operators handled booming traffic volumes during the 2010 soccer World Cup. Vodacom enjoyed a 40% increase in SMS…
The Johannesburg Stock Exchange (JSE) is up and running after international connectivity troubles delayed its opening on Monday. The opening…
Spam related to the 2010 soccer World Cup was nine times worse than when during the last World Cup, held…
Internet service provider Web Africa has realigned its reseller model, effectively cutting its per-gigabyte fees by R14/GB. The new structure, which it calls “hosting by utilisation”, allows Internet resellers to control up to 20 domains and 20GB of pooled traffic for a monthly fee of R400.