WumDrop, a Cape Town start-up, has designs on becoming the Uber of courier services in South Africa, and it has set it sights on the broader African continent, too. Uber is the on-demand taxi service that uses a smartphone app to bring drivers and passengers together. Co-founder of WumDrop
A way to address the alleged irregular appointment of SABC chief operating officer Hlaudi Motsoeneng was agreed upon on Wednesday, the public protector and communications minister said. “They acknowledged the fact that the matter under investigation is also under judicial scrutiny in the Western Cape division
Technology group Pinnacle Holdings has moved to reassure its investors following a sharp decline in its share price in recent days. Since the company published a trading update on 8 August, in which it warned that its headline earnings per share for the year to end-June could have
The Democratic Alliance is undermining the rule of law by using legal rather than administrative processes to remove SABC chief operating officer Hlaudi Motsoeneng, the Western Cape high court heard on Wednesday. Vincent Maleka, for communications minister Faith Muthambi, said
The cabinet has approved the appointment of Tshediso Matona as power utility Eskom’s new CEO, public enterprises minister Lynne Brown announced on Wednesday. “The appointment was approved at a cabinet meeting held in Cape Town today,” Brown told reporters at
JSE-listed Blue Label Telecoms has reported a 6% improvement in headline earnings to R451m in the year to May 2014. This came on the back of an improvement in gross profit margins from 6,7% to almost 7% and a slight uptick in revenue to R19,4bn. Losses at its Mexican business
South Africa’s first Bitcoin vending machine has been installed, giving users the ability to get Bitcoin in exchange for rand. The difference between a Bitcoin ATM and a Bitcoin vending machine is that the former dispenses cash for Bitcoins
Vodacom on Tuesday said it plans to pump R1bn into upgrading its network in Gauteng, which will include expanding 3G in the province’s townships. The mobile operator said that it will spend more than R1bn in Gauteng in the current financial
SAP has takes the wraps off a seven-year plan to invest US$500m (about R5,3bn) in Africa, hoping to accelerate its growth across five regions on the continent, including South Africa, Nigeria and Kenya. Through the long-term investment, the German software maker plans to train up to
Determining whether SABC chief operating officer Hlaudi Motsoeneng lied about his qualifications is the golden thread of an application to have his appointment set aside, the Western Cape high court heard on Tuesday. “Dishonesty is dishonesty, wherever it occurs,” said Steven Katz
