Jacques du Toit steps down after more than a decade in charge, as Vox and Frogfoot close in on their R14.4-billion funding deal.
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Four import-export licences are out, but the electricity regulator’s import and export rules are not.
He will be the distributor’s third CEO since mid-2025, after Emile Burger left in July following just 14 months in charge.
Telkom says Icasa’s equity rules go beyond the B-BBEE Act and may have deterred network investment.
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MultiChoice Group has created an Innovation Fund to invest in small businesses in the video entertainment and technology sectors.
Consumer-price growth quickened to 4.5% from 4% in December, Statistics South Africa said on Wednesday. The median estimate of 19 economists was for 4.6%.
It’s been a grim start to 2020 for some South African-listed technology companies, which have seen their shares battered on weak earnings updates and negative investor sentiment.
MTN South Africa said on Tuesday that it’s some making progress in fighting the scourge of cellphone tower battery theft, though the problem is far from being overcome.
South Africa’s Energy War Room, a grouping of the main cabinet ministers responsible for the power industry, will meet for the first time this week since being reconstituted by President Cyril Ramaphosa in December.
MultiChoice will hike the price of some DStv bouquets on 1 April, but the increases have been kept well below inflation as the broadcaster battles weak consumer spending and rivalry from online streaming platforms.
World News
The next quarter will be tough going for Taiwan’s HTC as it tries to recover from its first big fall in profits in two years. HTC reported revenues of NT$101,42bn for the fourth quarter, but the company projects revenues of up to 36% less in the first quarter, from NT$65bn to NT$70bn (US$2,20bn-$2,37bn)
Google has pulled off a coup by hiring an Apple senior director of product integrity for a secret project. The recruiting feat is historic since Google has never hired such a senior person away from Apple. The hiring is also interesting because the US department of justice is investigating Google and Apple
Microsoft has removed the “Start” menu button from its upcoming Windows 8 operating system, according to a consumer preview released earlier this week. The Start button. which made its debut in the Windows 95 version of the operating system, sits on the far left side
Mark Zuckerberg, Facebook’s founder and chief executive, has talked for years about the notion of a “social graph” which connects people to their friends and all of the things they are interested in. By encouraging hundreds of millions of people to share their deeds and reveal their
