Although South Africa’s entertainment and media spending is expected to experience compound annual growth of 10,9% between now and 2017 – well above the global average of 5,6% – sales of physical books and music will remain flat at 0,4%, new research from PwC shows
Designed for those who want to keep an eye on their blood pressure without regular visits to a doctor or clinic, the Withings blood pressure monitor is a niche piece of gear that does what it says on the box. For those who need it, it should pay for itself
BlackBerry has taken the wraps off a new flagship smartphone, the Z30, powered by the BlackBerry 10 (BB10) operating system. The Z30 includes a 5-inch touch display and its 2 880mAh battery is the largest the company has ever put in a smartphone. BlackBerry has confirmed
JSE-listed technology company Jasco has reported a 98,1% slump in headline earnings per share for the year ended 30 June as the result of what it calls “corrective action” that led to “decisive action in underperforming areas of the business”. It has warned that
Telkom’s group CEO, Sipho Maseko, met with trade union representatives on Monday to discuss the company’s future and turnaround plans. A union official present at the meeting says Maseko told them that how the company behaves over the next couple of years will determine its future
The CSIR’s National Laser Centre has created what it calls the world’s first digital laser. South African scientists working at the centre have created a means of controlling a laser beam’s shape digitally and they claim the implications for health care, manufacturing, communications and other industries
The market capitalisation of Tencent has rocketed through US$100bn for the first time, helping lift the share price of South Africa’s Naspers, which holds a one-third stake in the fast-growing Chinese Internet company, nearer to the R1 000/share level. In trading in Hong Kong on Tuesday
South Africa’s young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth. Practitioners in the industry point out that successful venture capital-backed businesses rely on far more
Having kick-started the only real price war in the South African cellular market, the “little network that could”, Cell C, is in a tough place. Alan Knott-Craig’s Hail Mary pass to capture his stated intention of 25% of the market appears to be working – at MTN’s expense – for the time being. The recent results from
Times Media Group (formerly Avusa) has acquired a 32,3% stake in Ghana’s Multimedia Group for R144m. Multimedia Group is a radio and television business and is the largest independent media company in Ghana, the JSE-listed Times Media, which owns the Sunday Times and Business Day newspapers
