Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
Subscribe to the newsletter
Get the best South African technology news and analysis delivered to your e-mail inbox every morning.
Top News
Cloud inertia in government could stall digital reform and leave South Africa behind in the AI era, Microsoft has said.
Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker.
BMW has warned that South Africa’s EV policy delays are harming investment certainty and long-term competitiveness.
More News
Apple will not introduce an updated version of its smaller iPhone mini smartphone next year, after it failed to become popular among consumers, Nikkei reported on Wednesday.
Expectations are again being created that a final decision on the future of e-tolls on the Gauteng Freeway Improvement Project is imminent. We’ve been here before.
Eskom has asked South Africans to cut back on their use of electricity as the South African Weather Service forecasts of the arrival of a powerful winter weather system this week.
Naspers-controlled consumer Internet investment group Prosus is leading an R18.2-billion funding round in Indian food-delivery giant Swiggy. Japan’s SoftBank Group is a co-investor in the round.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
World News
Samsung Electronics reported its worst operating profit drop in more than four years, buffeted by falling memory chip prices and slowing smartphone sales.
Japan’s Hayabusa2 spacecraft has successfully dropped an explosive designed to make a crater on an asteroid and collect its underground samples to find possible clues to the origin of the solar system.
US secretary of state Michael Pompeo warned that the US may not share some information with Nato allies if they incorporate Chinese technology in their networks.
Ecuador plans to expel WikiLeaks founder Julian Assange from its London embassy and has an agreement in place with the UK for his arrest, WikiLeaks said citing a source within the Ecuadorian government.
As expected, Telkom has turned in a weak set of financial results for the year ended March 2012. Headline earnings per share have slumped by 33% to 324,7c, with the number of fixed lines in service falling below 4m for the first time in decades. As a result, the group’s board has decided not to pay a
There’s a new personal financial management website in town and it’s upping the stakes in an increasingly competitive market by offering its service completely free of charge. Pastel My Money is free to all users, even if they’re not current Pastel customers. PFM tools have enjoyed prominence in SA in the
































