The Competition Tribunal heard closing arguments this week in the Competition Commission’s case against Telkom. The tribunal now has to decide whether the company is to be fined and, if so, what sort of penalty is fitting. If the tribunal imposes a hefty sentence, Telkom has a number of legal options
The Darkness 2 is intoxicated with its cartoonish, well, darkness. It revels in its demonic imagery and showers of bloody gibs in the way that the first-person shooter (FPS) did back in the adolescence of the Quake years. Don’t be deceived by the nods it makes
Western Cape premier Helen Zille wants every citizen in the Cape Town metropolitan area to have access to 100Mbit/s broadband by 2020. In addition, she wants government buildings and schools to enjoying that sort of connectivity by 2014. Zille made the
The sharp decline in Tekom’s share price in recent months could pose a challenge for it in its talks with KT Corp to sell 20% of its equity to the Korean telecommunications firm. Telkom share price has fallen significantly in recent months because of disappointing financial results and, more recently
Tim Wyatt-Gunning, previously joint CEO of telecommunications company Storm and now CEO of Internet service provider Web Africa, says Telkom should be handed a hefty fine by the Competition Tribunal and that it has by no means reformed its ways as it claims. Storm was one of the companies that lodged
Foreign exchange losses are set to depress Mustek’s earnings in the six months to 31 December 2012, despite a more than 20% increase in sales in the period compared to a year ago. The JSE-listed technology distributor expects headline earnings per share to be between 55% and 65% lower than headline earnings of 36,2cc/share a year
In a new submission to the Competition Tribunal at hearings into alleged anticompetitive behaviour by Telkom, the Competition Commission has recommended to the tribunal that it impose a fine of nearly R1,2bn against the company. This is less than the maximum R3,5bn fine analysts said it could have asked
The fourth of April this year is a red-letter day on SA’s investment calendar. It is the date on which international board members of the Square Kilometre Array (SKA) radio telescope will meet to decide whether the core site for the giant instrument will be built in SA or in Australia. Science & technology director-general
In closing arguments on Wednesday at the Competition Tribunal’s hearings into Telkom’s alleged anticompetitive practices, Competition Commission legal counsel Adv Martin Brassey said Telkom had fought the case at every opportunity and deserved a severe penalty. Brassey said the tribunal should
Muhammed Yunus, a 2006 Nobel Peace Prize winner and founder of Grameen Bank, sparked a movement with the simple question: “If you are a socially conscious person, why don’t you run your business in a way that will help achieve social objectives?” Today’s young tech entrepreneurs have inherited Yunus’s vision
