Controversy-plagued former communications minister Dina Pule has been appointed to parliament’s portfolio committee on transport. This is despite the fact that Pule faces a number of ongoing investigations into allegations of corruption and nepotism
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Emerging-markets private equity firm Actis has agreed to acquire electronic payments specialist Paycorp Holdings, part of South African financial services group Transaction Capital, in a blockbuster deal worth R937m. Paycorp has been a wholly
The Titan shock- and water-resistant Android-powered Rugged Phone has been designed for the toughest conditions a mobile phone is ever likely to encounter, and it certainly looks the part. It doesn’t offer the latest and greatest in smartphone specifications, but it’ll probably survive an adventure
The DG Murray Trust, an investment trust founded through endowments from late construction mogul Douglas Murray and his wife Eleanor, and which disburses about R100m/year to organisations involved in socioeconomic development, has turned its attention to finding ways of reducing South Africa’s
Fans of celluloid won’t like this news. South Africa’s largest cinema chain, Ster-Kinekor, which is owned by privately held media group Primedia, will complete its migration from film to digital projection technology by 17 December this year. CEO Fiaz Mahomed says
Tourism Radio has turned to US crowd-funding website Kickstarter in an effort to raise £35 000 (R530 000) to fund the development of travel guides for Google Glass. Based in Cape Town, Tourism Radio was founded in 2005 by entrepreneur Mark Allewell. The
Is the department of communications trying to delay the unbundling of Telkom’s local loop? Industry insiders believe its proposal that the Independent Communications Authority of South Africa (Icasa) first conduct a regulatory impact assessment, or RIA, suggests just that. The purpose
Telkom has signed a settlement agreement with the South African Communications Union (Sacu), bringing an end to a wage dispute with three trade unions that began in March. CEO Sipho Maseko says he’s “very pleased” the company has reached agreement with Sacu. “Just to be very open and frank, I think there were legitimate
It was disappointing to learn that Britain’s prime minister, David Cameron, is planning to go ahead with a scheme to censor his citizens’ access to the Internet. His statements were accompanied by the same tired refrain that we have heard many times in the past: “I’m doing it for the children.” If the
Has the country’s foremost value-destroying monopolist finally seen the error of its ways? On the surface, that seems to be the case. In mid-July, Telkom meekly agreed to pay a R200m fine for anticompetitive abuses committed between 2005 and 2007, and to split its wholesale and retail businesses. TechCentral reported