Vendor-neutral data centre operator Teraco has begun construction of a major expansion to its data centre in Isando, east of Johannesburg, in a move the company says will create the largest such facility in Africa. The new build, comprising
Last year was a particularly bad one for South African millionaires, according to the latest South Africa 2016 Wealth Report by New World Wealth. The number of these so-called high net worth individuals declined by 18% during 2015 – from 46 800 at the end of 2014
Standard Bank Research said the “rand sacrificed most of the gains it had made since the end of January”, which analysts on Monday said was due to a boiling point in politics involving President Jacob Zuma and finance minister Pravin Gordhan
Icasa met secretly and unlawfully with Vodacom to discuss the operator’s proposed R7bn acquisition of Neotel, leading to a “reasonable suspicion of bias” against the communications regulator, the high court in Pretoria has found. In a damning judgment, handed down on Friday, Judge
Remember those big black disks with holes in the middle that used to be played on “turntables”? They’re not actually ancient history. This past year, worshippers at what novelist Michael Chabon calls “the Church of Vinyl” bought 9,2m records. And though
We’re back after a lengthy break, and we have a bumper episode lined up for your listening pleasure. Your hosts Duncan McLeod and Regardt van der Berg chat about Net1 UEPS Technologies CEO Serge Belamant’s fake degree, the latest on MTN in Nigeria and government’s
Although nothing was said directly in the 2016 budget about the privatisation of state-owned enterprises, “something is coming”, according to economist JP Landman. At the same time, he said common sense seems to indicate that
JSE- and Nasdaq-listed technology company Net1 UEPS Technologies on Friday issued a statement to shareholders saying its long-serving chairman and CEO, Serge Belamant, was duped into thinking he had a PhD. In a statement issued on the
Finance minister Pravin Gordhan said on Friday there is a group of people that are not interested in South Africa’s economic stability and who seemingly want to disrupt institutions and destroy reputations. In a day of high drama, in which it
Over the past few weeks, I have worked with the national treasury to deliver a budget that reinforces South Africa’s fiscal credibility and outlines the measures we will take to improve economic growth and tackle our challenges of poverty, inequality and unemployment