Fibre Internet service provider Cool Ideas has spoken out about a wave of distributed denial-of-service attacks on its infrastructure that have intermittently crippled access for its customers.
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If you are paying e-tolls, you one of the few. Low payment rates by motorists resulted in revenue received by roads agency Sanral from e-tolls in Gauteng slumping 63% in the year to March.
Phone carriers have been at the heart of computer networks since their birth half a century ago. Now they’ve begun a tactical retreat.
A group of local banks have committed to provide temporary liquidity and extended the maturity of R1.2-billion of debt that was due to be repaid last month, Cell C said.
TechCentral sat down with Cell C’s CEO and chief financial officer to discuss the operator’s plan not only to pull itself back from the brink but to put itself on a sustainable financial footing.
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering, according to sources.
Cell C reported a net loss after tax of more than R8-billion in the 12-month period ended 31 May 2019 as the mobile operator battles its own internal cost problems and a weak economy.
Eskom has shortlisted three candidates for CEO to lead the loss-making utility out of its debt crisis, according to three people familiar with the process.
South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.
The labour court of South Africa blocked a planned strike by banking workers on Friday, ruling that labour unions failed to comply with rules allowing demonstrations.