Altech will not give up on the idea of pursuing international acquisitions, despite the financial disaster it that has unfolded for it in East and West Africa in recent years. However, the JSE-listed technology group will take a breather before pursuing new deals, says CEO
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Communications minister Dina Pule says she is still waiting for e.tv and the SABC to finalise the set-top box access control mechanism, and that this is holding up the migration from analogue to digital terrestrial television. Pule made the comments at a breakfast
Altech’s share price fell by more than 4% in late afternoon trading on Wednesday after it turned in a huge loss for the financial year ended 28 February. The JSE-listed technology group, which has had a torrid time in recent years because of the poor performance of its operations outside South Africa, turned
Parliament’s joint committee on ethics and members’ interests has begun a behind-closed-doors probe into allegations that the communications minister’s alleged boyfriend, Phosane Mngqibisa, benefited financially from the sponsorship of 2012’s ICT Indaba in Cape Town. The committee
Mobile operators are reporting a sharp increase in Sim-swap fraud, where fraudsters request the companies to swap out Sims so that they can get the one-time Pins needed to perform transactions using Internet banking. Criminals do this to compromise consumers
Financially distressed pay-television operator TopTV has been given the nod by its regulator to broadcast thee adult content channels. The company may only broadcast the channels — Playboy TV, Desire TV and Private Spice — between 8pm and 5am, the Independent Communications Authority of South Africa (Icasa) has ruled
Vodacom is the most reputable company among South Africa’s top 20 JSE-listed companies by revenue, a new survey has found. The 2013 RepTrak Pulse survey placed Vodacom rival MTN in fifth place, down from second place last year. Old Mutual placed second, with retailer Pick ’n Pay and Sasol taking
A Pretoria-based software developer has built a mobile application to help Gauteng residents calculate the fees they can expect to pay before e-tolls come into effect. It will help them keep track of the cost after the much-maligned system is eventually introduced, too. The application
Vodacom Group expects its headline earnings per share to rise by as much as 25%, the JSE-listed telecommunications group said on Wednesday, bolstered by a strong operating performance in spite of fierce price competition in South Africa, its biggest market. The group’s earnings have also
Last week, Yahoo released new applications for mobile phones and tablets. Android tablet and iPad users got an e-mail application, while iPhone users received a weather app that makes Apple’s equivalent look rudimentary and crude by comparison. These are just