Despite reporting a further 6,5% decline in the number of fixed lines in service to just 3,2m, Telkom has declared that it has completed a three-year turnaround strategy and is now ready for growth. This comes as it reports a 15,5% increase in
Telkom pumped R757m into fibre-to-the-home broadband infrastructure in the year ended 31 March 2016, an increase of 200% over the R252m it spent in the 2015 financial year. The spend on FTTH outstripped the company’s
Blue Label Telecoms on Monday announced it has reached an agreement with SA Rugby for the Castle Lager Incoming series against Ireland. The JSE-listed will partner the Springboks for the three-test series of
Given the amount of capital South Africa’s big mobile operators are pouring into their networks – well over R20bn between them this year alone – one could be forgiven for thinking the industry isn’t facing the serious headwinds many are predicting in the
In the wake of Vodacom’s decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market, Brian Richardson, CEO of Wizzit International, has
Protection against cyberattacks is becoming a growing challenge in the aviation industry, according to Tony Tyler, CEO of the International Air Transport Association. Experts estimate that cybersecurity breaches cost a total of
Electronic payments company Net1 UEPS Technologies has launched a court challenge of a government decision to limit direct deductions from social grants. Net1 division Cash Paymaster Services won a R10bn grants tender
S&P Global Ratings on Friday affirmed South Africa’s long- and short-term foreign and local currency bond ratings at BBB-/A-3 and BBB+/A-2 respectively. The foreign currency bond rating remains one notch above sub-investment
On TalkCentral this week, your hosts Duncan McLeod and Regardt van der Berg chat about the court judgment against Faith Muthambi over set-top boxes. Also this week, there’s a fire at Icasa’s offices, thieves are
During a particularly harsh winter, a group of hacktivists spreads panic by bringing down the US power grid. Millions of homes and businesses are plunged into darkness, communications are cut, banks go offline, hospitals close and air traffic is grounded