The Competition Commission has approved a deal that will see Open Access Data Centres expand its local footprint.
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Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83.
Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
The Competition Tribunal has approved the sale of Herotel to Vumatel, but subject to an extensive set of conditions.
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LG Electronics has unveiled a new face mask that includes built-in fans and filters to create what the company is calling a “wearable air purifier”.
Ten years after it launched its first mobile offering in the form of 8ta, Telkom has surpassed Cell C to become South Africa’s third largest mobile operator by subscriber numbers.
The JSE has publicly censured Ayo Technology Solutions and imposed a R6.5-million fine on the controversial technology group after it published a series of “false and misleading” financial statements.
Communications minister Stella Ndabeni-Abrahams has relented in her fight with parliament over Icasa and has appointed a sixth councillor, Kgosie Matthews, to the communications regulator.
Cell C’s largest shareholder, Blue Label Telecoms, is confident a recapitalisation of the mobile operator will be completed in the coming months and that this will put it on a new growth trajectory.
Lombard Insurance Company suffered a data breach through a cyberattack last month, according to several statements published on its website.
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Broadcom’s hostile takeover attempt of Qualcomm could pose a national security risk because of Qualcomm’s leadership in developing critical semiconductor technology, according to the US treasury department
Apple investors eager for fatter profit margins should read Spotify’s latest financial disclosures. They should have a few antacids handy when they do. The company’s document for its public stock listing highlights how tricky
BlackBerry is suing Facebook for patent infringement, claiming the social media giant uses technology invented by the former smartphone maker in Facebook’s massively popular messaging applications. Apps like
Digital-asset exchanges are emerging as one of the biggest winners of the cryptocurrency boom. The top 10 are generating as much US$3m in fees a day, or heading for more than $1bn/year, according to estimates
Telkom is stuck between a rock and a hard place. If the operator were to try to recover costs fully from its customers of servicing and maintaining fixed lines, it would have to double monthly line rental. But if it did so, it would accelerate the already-steepening decline in the number of fixed lines in service. Yet new regulations and growing competition mean it may be unable to avoid a sharp increase in line-rental charges.
With only a few months to go until Telkom becomes SA’s fourth mobile network operator, the question on many people’s lips is whether the fixed-line incumbent will start a price with Vodacom, MTN and Cell C. Telkom hasn’t yet decided on tariffs for its mobile offering. The company’s MD, Nombulelo “Pinky” Moholi, says these must be still be approved by the board
