Nearly 40% of MTN shareholders voted against the advisory endorsement of the group’s remuneration policy at its AGM on Thursday. Only 62,6% of those who voted, did so in favour
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All the latest technology news from South Africa and around the world.
The two new data centres that Microsoft plans to build in South Africa will one day provide cloud computing services to the entire African continent. The power they use, however, will be generated and consumed entirely within South Africa’s grid.
Finance minister Malusi Gigaba has been placed at the centre of efforts by President Jacob Zuma and his allies to raid state assets and reap billions of rand from government contracts, a study by eight leading academics from four of the nation’s top universities has found
In South Africa, it may make more sense for mobile operators to discontinue their 3G networks, replacing them with 4G/LTE, while keeping legacy 2G infrastructure in place
MTN South Africa will hit a “spectrum ceiling” soon that could affect its ability to continue to expand services to consumers. That’s the warning from the mobile operator’s recently appointed
MultiChoice’s advertising sales business, DStv Media Sales, has been fined R180m for price fixing and the fixing of trading conditions in contravention of the Competition Act
Econet Wireless Global unit Liquid Telecom has appointed former Vodafone Group executive Kyle Whitehill to head up South African telecommunications operator Neotel and oversee the company’s expansion plans
Eskom chairman Ben Ngubane admits in court papers that the Eskom Pension and Provident Fund (EPPF) rules do not permit the large pension payout the board tried to wangle for its CEO Brian Molefe
Net1 UEPS Technologies founder Serge Belamant will retire early after a storm of controversy over a contract it holds in South Africa to distribute billions of rand of welfare payments to 17m people
Will he stay or will he go? As leaders of South Africa’s ruling party prepare to discuss a potential ouster of President Jacob Zuma, investors are turning bullish on the country’s currency