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There was a tight race between Sipho Maseko and Brian Armstrong for Telkom’s top job, a source claiming to have knowledge of the appointment process has told TechCentral. Telkom confirmed the news of Maseko’s appointment as its new group CEO in a statement to shareholders after TechCentral broke

The supreme court of appeal has handed down a judgment in favour of Nasdaq- and JSE-listed payments specialist Net1 UEPS Technologies, dealing a blow to Absa and its AllPay unit, which had earlier won a high court battle over the R10bn government tender for the payment of social grants. Absa claimed