Finance minister Pravin Gordhan delivered a surprise during Wednesday afternoon’s national budget presentation in parliament by not hiking the personal income tax rate. Tax rates for companies and VAT were not increased either. However, as part of fiscal
The South African Post Office says it is taking on board public protector Thuli Madonsela’s damning report on corruption at the parastatal. Madonsela’s report, dubbed “Postponed Delivery”, said the Post Office’s acquisition of a
Customers who use Telkom’s mobile transactional services, such as airtime recharges, could run into issues on Wednesday amid a hardware glitch. Telkom said on Wednesday morning that a hardware failure is disrupting its
Less than a month after announcing that former MTN South Africa CEO Zunaid Bulbulia would join its board of directors in a nonexecutive capacity, Huge Group has said that well-known investment
A Zimbabwean bank is battling to contain a flight by depositors after a social media hoax message advised those banking with NMB Bank to withdraw their money. The message alleged that
Blue Label Telecoms, the JSE-listed company in talks to buy a 35% stake in mobile operator Cell C for R4bn, has turned in a strong set of results for the six months to 30 November 2015. Headline earnings rose by 25% to R355m on the back of a
The newly appointed CEO of the South African Post Office has promised serious financial controls after years of instability at the struggling parastatal. Former banker Mark Barnes, who became Post Office CEO last month, told parliament’s
The South African Post Office came in for a grilling from parliament’s committee on telecommunications & postal services on Tuesday. The auditor-general’s report into the
The Post Office’s acquisition of a R161m, 10-year lease in 2010 for an office building in Centurion, Gauteng was “tainted by procurement irregularities and corruption”. This is according
Smart cities are quickly becoming a critical necessity due to the confluence of urbanisation, greater pressure on the successful management of a city due to a rising population, and climate change











