JSE-listed private education group Advtech has rejected an unsolicited offer from rival Curro to buy it, sending its share price plummeting. “Shareholders are advised that the board of Advtech has unanimously resolved that the proposal is not

MWeb Business client services are “now fully restored and operational”, parent Internet Solutions said on Tuesday after a “systems provisioning error” led to a major problem in the company’s virtual hosting environment at the weekend. Clients reportedly lost data

High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew

View the latest Backspace cartoon from Jerm.

Japan’s NEC and South African-headquartered technology group XON have reached a cross-shareholding investment deal that has resulted in NEC Europe acquiring 25% of XON Holdings. In

South Africa’s online environment has evolved significantly in recent years. The number of people with access to the Internet has grown tremendously, and the ways in which people access information and knowledge differ quite markedly compared to just a

Naspers is leading a US$4m (about R50m) funding round in Bitcoin start-up BitX. The investment is being made through Naspers payments subsidiary PayU, with BitX’s existing investor, Barry Silbert’s Digital Currency Group, also participating in the round

Full credit has to go to Telkom communications head Jacqui O’Sullivan for coming out swinging to my recent criticism of its enterprise development (ED) initiatives. It is just a pity that her argument didn’t make sense. As a quick rewind, I made

It’s the first day of the new term and eager young pupils at Megatong Primary School in Soweto gather in the school yard on Monday morning, oblivious to the uphill battle their teachers and parents have to face keep the dilapidated facility open. The school, which has

Telkom offers prepaid consumers more high-value plans than any other operator in South Africa, while Vodacom offers the fewest because of its relatively high prices, according to new research by telecommunications pricing firm Tarifica. Using an algorithm