Luxury goods group Richemont said on Monday that it has concluded the merger of its high-fashion online retail business Net-A-Porter with Yoox, a global Internet retailer for fashion brands, and will receive 65,6m shares in the enlarged Yoox Net-A-Porter Group. Yoox owns popular
Income from Internet services rose by 8,6% between 2010 and 2013, with data bringing in the most money, Statistics South Africa said on Monday. Of the R35,1bn which was raked in for Internet services in 2013, the last year surveyed by Stats South Africa, wireless data revenue came to R19,7bn and fixed data R11bn
Internet service provider MWeb has suffered a glitch that has impacted its e-mail services on Monday. In a Facebook post at 9.21am, the company said its members are “experiencing e-mail difficulties” and that the company’s “engineers are currently investigating”. The company advised its
The start of The Daily Show with Trevor Noah on Comedy Central last week pulled 352 855 DStv viewers. The 2,6 rating makes it the highest viewership ever achieved by Comedy Central in South Africa since the channel was launched in Africa on DStv in December 2011. The record rating
Liquid Telecom, the fast-growing pan-African telecommunications company majority owned by Strive Masiyiwa’s Econet Group, is getting ready to file for an initial public offering next year as it steps up expansion of its network across the continent, including South Africa. Masiyiwa, who
Never shy of publicity or fearful of controversy, Silicon Valley’s app entrepreneur scene seems on course to establish a new low in ethical values and/or self-delusional thinking with the planned launch of the Peeple app – described as “Yelp for people”. Having reportedly raised US$7,6m from
In the latest episode of TalkCentral, podcast hosts Duncan McLeod and Regardt van der Berg chat about Edward Snowden joining Twitter and his “newbie” error. Also this week, digital migration gets kicked off in the Northern Cape, Vodacom’s new low-cost
Wind farm operators are under no illusion that their small power generation output will be inadequate to meet South Africa’s baseload issues. However, they believe that in time new storage measures and lower costs will change the game radically. Aurora Wind Power head
South African Communist Party (SACP) general secretary Blade Nzimande tore into the media on Friday, describing its content as “horrifying”. He bemoaned what he called a “media monopoly”, saying the situation had gotten worse instead of better since 1994. Media houses did not invest
Former First National Bank CEO Michael Jordaan has announced an investment in local online wine retailer Port2Port. Jordaan has invested an undisclosed amount in the startup. He tweeted the announcement through Montegray Capital, which is his startup investment vehicle
