InterneTV: another VOD player in SA

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The crowded South African video-on-demand market is getting even more crowded. A new entrant, InterneTV – the brainchild of broadcasting equipment supply industry veteran John

Naspers pumps R3,9bn into India’s ibibo

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Naspers has announced it is investing a further US$250m (about R3,9bn) in Indian online travel venture ibibo Group. The investment will be focused on extending ibibo’s leadership position in the Indian hotels category and on additional

Gordhan talks tough on Eskom

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Energy regulator Nersa has postponed its announcement on the Eskom tariff hike decision until Tuesday, following finance minister Pravin Gordhan’s swipe at the power utility on Wednesday. Gordhan said at his press briefing ahead of his

How the Internet is re-scripting television

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Earlier this month, YouTube’s new subscription video-on-demand (SVOD) service, YouTube Red, launched its first swag of “original” programmes. This followed news of significant rights acquisitions by SVOD services at the Sundance and Berlin Film Festivals

Home affairs to keep uncollected IDs

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Home affairs will not be destroying any uncollected IDs until after the local government elections, minister Malusi Gigaba said on Thursday. This was to ensure that prospective voters could still

MTN throws R3,8bn at Nigeria problem

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MTN’s share price leapt higher in intraday trading on Wednesday after announcing it had made a 50bn naira (US$250m; R3,8bn) payment to Nigerian authorities and withdrawn legal action in the federal high court in Nigeria. MTN’s shares jump to a

Budget 2016 in summary

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This afternoon, finance minister Pravin Gordhan will arguably give the most significant speech of his political career when he delivers the budget for 2016/2017 in parliament. Economically speaking

Little on broadband in budget speech

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For the second year in a row, the national budget has provided few details on a project to connect municipalities to broadband technology. Finance minister Pravin Gordhan delivered the 2016 national budget speech in parliament

SA Connect funding ‘grossly inadequate’

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Democratic Alliance MP Marian Shinn, who is also the party’s spokeswoman on telecommunications & postal services, has labelled the budget allocated to South Africa’s broadband roll-out plan, dubbed SA Connect, as “grossly inadequate”. “R1,6 billion over