Telkom’s share price jumped more than 4% in intraday trading after it announced the appointment of five independent nonexecutive directors to fill posts vacant since October. The share closed up by 3,5%, a rare strong move for a company whose share price has tumbled by almost 45% over the past year
Almost five years after then communications minister Ivy Matsepe-Casaburri published South Africa’s first policy document on digital terrestrial television migration, the country’s broadcasting regulator will publish its final regulations. Needless to say these regulations have been a long time
MTN has emerged as the winner of a series of tests conducted by TechCentral this week into the speed and responsiveness of South African mobile operators’ fourth-generation (4G) mobile networks. Telkom’s 8ta came off worst, although the company is yet to launch commercial 4G services. Three
South Africa finally has the regulations in place that will guide the country’s migration from analogue to digital terrestrial television and the good news for telecommunications operators is that a big chunk of the spectrum that will be freed up through the process has been reserved for broadband. The
After more than a decade of delays, smart ID cards, which will replace South Africa’s green, barcoded ID books, should be in people’s hands from next year, according to home affairs minister Naledi Pandor. Pandor the implementation date will be disclosed in the new year and the proposed transition period of four
E-tolling of Gauteng freeways got the legal nod on Thursday when the high court in Pretoria on Thursday dismissed an application to have the project scrapped. “The application is dismissed,” Judge Louis Vorster said, reading out his judgment. “In my view the application cannot succeed.” Vorster
Former Absa deputy CEO Louis von Zeuner — known to his colleagues in the banking industry as “King Louis” — has been named as one of five new business leaders who have joined the board of the partially state-owned telecommunications operator Telkom. Von Zeuner, who is highly respected in the
Simon Dingle returns to the show this week, along with Brett Haggard and Arthur Goldstuck in a discussion on iTunes in South Africa, Microsoft Sync in the Ford Focus, BlackBerry’s chances of survival, the excellent new Linux Mint, Steamboxes and much more
An “independent forensic investigation” that reportedly “vindicates” communications minister Dina Pule over the controversial ICT Indaba was commissioned and paid for by Phosane Mngqibisa, the minister’s alleged romantic partner who newspaper reports have suggested looted
Net1 UEPS Technologies, the company facing a corruption probe by US authorities, including the Securities & Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI), has itself filed a R478m lawsuit against Absa subsidiary AllPay. AllPay, a unit of banking group
