A record run of recorded inflows into South African stocks were the result of a programming error, with foreign investors in fact selling more shares than they bought over the period, the country’s stock exchange said. Rather than spending
A telecommunications industry body has called on the South African Revenue Service to stop taxing cellphones as “luxury items”. The Wireless Application Service Providers’ Association said on Monday that smartphones
Ericsson CEO Hans Vestberg stepped down after six and a half years at the helm of the Swedish telephone equipment maker, a period marked by a falling stock price, intense competition and investigations into the company’s business
On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said
Hacktivist group Anonymous Africa says it has inspired others to launch cyber attacks for political purposes in South Africa and across the region. Anonymous is a loose global network of hackers who launch attacks on
Computer programmers who work for digital advertising agencies earn, on average, 26% less than their counterparts in the ICT sector, according to a survey. Non-profit organisation, the Interactive Advertising Bureau of South Africa
Themba Moyo, 36, and Lisa Phendla, 33, have a plan to build the next big thing in instant messaging, and they’re going to do it by allowing consumers to chat to each other on their smartphones, even if they have run out of data or airtime. Their app, Teta
Telkom has signalled it’s ready for a serious fight with its bigger rivals, this week taking the wraps off aggressively priced, 4G/LTE data-led mobile packages for both prepaid and contract customers that look set to have its bigger rivals
Naspers increased the compensation of CEO Bob van Dijk by 5% as the company prepares to further boost its international Internet business in the face of falling pay-television customers in sub-Saharan Africa. Van Dijk was paid US$1,67m
South Africa’s economy is in a low-growth trap and the central bank is unable to assist its recovery, according to governor Lesetja Kganyago. “We are concerned about what has been happening with the growth outlook,” Kganyago