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All the latest technology news from South Africa and around the world.

ANC warned it is tearing itself apart

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Corruption, an arrogant leadership and faction fighting are tearing at the soul of the ANC, according to an internal report presented to the top leaders of the party after its worst-ever electoral performance. “The ANC is bleeding, with every Sunday full of headlines

New VC firm to help SA start-ups go global

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A group of South African entrepreneurs has launched a venture capital (VC) company that will invest in early-stage start-ups and nurture them through each phase of their growth cycle with the aim of eventually readying them to

Telkom leaps on trading update

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Telkom’s share price jumped by almost 6% on Thursday after the partially state-owned telecommunications group said it expects normalised headline earnings per share for the six months to 3 September 2016 to increase

Hlaudi blasted over ‘capture’ claims

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ANC chief whip Jackson Mthembu on Thursday denied ever meeting former SABC chief operating officer Hlaudi Motsoeneng in an attempt to “capture” him. “The chief whip states for the record that he has never at any

Gordhan unveils open gov’t data portal

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Finance minister Pravin Gordhan has announced an open data portal for local government budget information, providing citizens with access to comparable, verified information on the financial performance of each municipality

Treasury promises to block nuclear profligacy

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National treasury will ensure it protects South Africa’s fiscal integrity with regard to South Africa’s nuclear procurement plan. Deputy finance minister Mcebisi Jonas told media on Wednesday that treasury will

Taxes to rise, Gordhan warns

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The heat will be on finance minister Pravin Gordhan when he delivers his mid-term budget on Wednesday at a time when the economy is stagnating, the nation stands on the brink of a junk credit rating and