Dimension Data is offloading its Advanced Infrastructure (DDAI) business to black-owned ICT company Vulatel for an undisclosed sum. This is after management determined that DDAI is “not core
Adapt IT CEO Sbu Shabalala believes the JSE-listed software group is weathering South Africa’s tough economic conditions well and has said it will lift organic growth in the new financial year above the
Uber Technologies will appoint Expedia’s Dara Khosrowshahi to run the global ride-hailing leviathan, two people familiar with the matter have said. He’ll succeed co-founder Travis Kalanick, who led the firm to US$20bn in annual bookings
Technology services group Adapt IT has hiked its dividend per share by 23% to 13.4c, from 10.9c a year ago, on the back of a rise in earnings. In the year ended 30 June, the JSE-listed group reported normalised headline
Fitbit desperately needs a hit. The company unveiled its first smartwatch on Monday, hoping that the health-focused features of the device will reverse the hardware maker’s declining influence in the wearables market
Icasa has listed a range of possible market interventions, particularly related to the acquisition and management of sports rights by broadcasters, as it moves to break MultiChoice’s dominance in South Africa’s pay-television
Naspers CEO Bob Van Dijk said five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think. Van Dijk is seeking to show shareholders that
On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about Telkom’s new LIT zero-rated music and video streaming plans and what they mean for the market. Also this week, HTC is on the chopping
History was made in a Seoul court on Friday when Jay Y Lee, scion of the family that founded the giant Samsung conglomerate, was convicted on bribery and embezzlement charges and sentenced to five years in prison
Chairman Koos Bekker countered criticism that Naspers relies too heavily on its $132bn stake in Chinese media company Tencent by reminding investors that they would have been a lot poorer if he’d given in to similar pressure