New research suggests that the average cost of a data breach in South Africa is a staggering R32m. According to the research, from Ponemon Institute and commissioned by IBM Security, that figure has risen by 12% in the past
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When ZAR X settled its first trade in February this year, it was the first stock exchange transaction in South Africa to take place outside of the JSE in more than a century. With the Financial Services Board’s appeals board having dismissed
Communications regulator Icasa warned on Wednesday that it is considering cancelling four licences issued to telecommunications companies because it has been unable to make contact with them. It said in a statement that it is “considering
Blue Label Telecoms, the company that is in the throes of acquiring a significant minority stake in mobile operator Cell C, said on Tuesday that it plans to spend R1.9bn on a separate acquisition – of smartphone distributors 3G Mobile
Mobile operator MTN South Africa has poached Telkom’s top communications executive. Jacqui O’Sullivan has resigned from the partially state-owned telecommunications provider, where she has served as managing executive
Tyrone Soondarjee is set to replace Robert Pasley as chief financial officer of mobile operator Cell C. Soondarjee, who will take over the company’s finance portfolio on 1 July, joins Cell C at a crucial
Vodacom has opened a narrowband Internet of things laboratory at its campus in Midrand. The lab will be used to incubate and then commercialise machine-to-machine and IoT systems using narrowband networking, it said
MultiChoice parent Naspers has disclosed that it has grown the number of pay-television subscribers on its books substantially in the past year, though pressure on prices in a weak economy, coupled with
Disgraced former SABC chief operating officer Hlaudi Motsoeneng wants to be president of South Africa. According to various media reports on Monday, Motsoeneng, who was dismissed from the
Public enterprises minister Lynne Brown has named four interim members to the board of embattled state-owned electricity company Eskom. The appointees are Banothile Makhubela, Sathie Gounden, Pulane Molokwane