Neotel’s chief financial officer, Steven Whiley, has resigned. Whiley was suspended from the telecommunications operator in July, along with CEO Sunil Joshi, over allegations of bribery related to a multibillion-rand contract at Transnet. In a tersely worded statement on Friday, Neotel said
Browsing: Top
Shares in technology and media giant Naspers came under selling pressure late on Friday afternoon after it announced plans to raise as much as US$2,5bn (about R36bn) through a capital-raising exercise. Shares in Naspers were trading down by almost 4% shortly
The Democratic Alliance has released its annual cabinet report card, and the two ICT ministers, Faith Muthambi at communications and Siyabonga Cwele at telecommunications & postal services, have been given very poor grades. Muthambi emerged with the DA’s lowest
Communications minister Faith Muthambi plans to appeal a court decision to have SABC boss Hlaudi Motsoeneng’s appointment declared unlawful and irrational. Western Cape high court Judge Dennis Davis handed down judgment on the matter on Friday amid a legal challenge from opposition
The Democratic Alliance won its high court application on Friday to have the appointment of SABC boss Hlaudi Motsoeneng declared unlawful and irrational. The Western Cape high court’s Judge Dennis Davis handed down the judgment in a few minutes. “We won,” said DA lawyer Anton Katz
Creative Spark, the Cape Town-based digital agency founded by Matthew Buckland, has been acquired by M&C Saatchi for an undisclosed sum.
The acquisition includes Creative Spark’s digital publishing arm, whose titles include Memeburn, Ventureburn and Gearburn
The market for activity tracking devices has proved a difficult one. One of the major fitness device manufacturers, Jawbone, recently announced it was laying off 15% of its staff. Fitbit, the market leader in these devices, has seen its share price drop to nearly 50% of its peak
Nigerian President Muhammadu Buhari will have the final say on what happens with the US$5,2bn (R73bn) fine imposed on South African-headquartered telecommunications group MTN, multiple
The Africa Coast to Europe (Ace) submarine cable could be among the last major international broadband systems to land on South African shores for some time, says an expert. The Ace cable
Cell C will expand its 4G/LTE network to the Western Cape, the mobile operator said on Wednesday. Commercial switch-on will happen on 1 December. The launch of the LTE network is timed to meet demand from holidaymakers, who are expected to