First National Bank’s tech-savvy CEO, Michael Jordaan, is stepping down. He will leave the bank at the end of 2013, with Jacques Celliers set to take the reins from next year.
According to FNB parent FirstRand Group, Jordaan, who has been CEO of FNB for the past 10 years, wants to “spend more time with his family”
Altron’s offer to buy out minority shareholders in subsidiary Altech and delist the technology and telecommunications company from the JSE is fair, analysts says. Last Friday, Altron made the offer, its second in six years. Both Altech and Altron are listed entities. The move sent
Microsoft on Tuesday night joined the next generation console battle with the announcement of its Xbox One that critics are billing as an all-in-one entertainment device rather than simply a gaming console. While Microsoft gave the world a fairly detailed look at the features and capabilities
Communications minister Dina Pule surprised parliament on Tuesday, announcing that she’s decided to review the policy on the set-top box control system for digital terrestrial television so that its inclusion would no longer be mandatory. The issue of set-top box control has delayed
Imagine being able to direct people to your home, your office, your current location or anywhere else on the planet with a single word rather than a lengthy address or set of GPS coordinates. A three-year-old South African company called Waytag is doing just that. Perhaps the easiest
Roelof Botha, the grandson of former South African foreign affairs minister Pik Botha, was closely involved in the funding of social networking site Tumblr, which Yahoo this week agreed to buy for US$1,1bn. Pretoria-born Botha, who served on Tumblr’s board of directors, was also a key role player in the $1,5bn, 2002 sale
Vodacom expects demand for data to offset a decline in voice revenues in the next few years, but with the margins on data slimmer and the price of data being driven down by a competitive market, the operator is also hoping so-called “over-the-top” services – content, social networking and financial services are three examples
It’s Google, Google and more Google – and a bit of BlackBerry – in the latest episode of TechCentral’s weekly podcast. Your hosts Duncan McLeod and Craig Wilson talk about the big news coming out of last week’s Google I/O developer conference in San Francisco. They also
Few people remember third place. Whether in sport, science or business, there’s little glory attached to the bronze medal. But two multinational giants, BlackBerry and Microsoft, are straining to be the third player in the burgeoning smart phone market. The latest figures from
US senator John McCain has introduced a bill that proposes forcing cable television operators to allow Americans to subscribe to only the channels they choose rather than having to pay for bouquets of channels, many of which they never watch. The prospect of paying only for the channels
