Task team to manage sale of Telkom shares

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Telecommunication & postal services minister Siyabonga Cwele says government will soon establish a task team to engage Telkom on the sale of a portion of its shares to address a revenue shortfall. The minister

Banks need to fear Amazon’s finance ambitions

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Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by

Gigaba paints bleak fiscal picture

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South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk of further credit ratings downgrades as a fight for control of the ruling party limits policy choices. The nation’s

National treasury talks up spectrum auction

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National treasury’s medium-term budget policy statement, published on Wednesday, has punted the idea of a spectrum auction to allocate scarce radio frequency spectrum, potentially putting finance minister

Vox in IoT partnership with SqwidNet

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Telecommunications company Vox (formerly Vox Telecom) said on Wednesday that it has partnered with Dark Fibre Africa’s SqwidNet, which provides an Internet-of-things network, to offer consumers and businesses

EOH says its name has been cleared

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There has been no wrongdoing at EOH, the technology services company said in a statement on its website on Wednesday. It’s share price jumped by more than 4% shortly after markets opened. EOH’s share price came under