High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew
View the latest Backspace cartoon from Jerm.
Japan’s NEC and South African-headquartered technology group XON have reached a cross-shareholding investment deal that has resulted in NEC Europe acquiring 25% of XON Holdings. In
South Africa’s online environment has evolved significantly in recent years. The number of people with access to the Internet has grown tremendously, and the ways in which people access information and knowledge differ quite markedly compared to just a
Naspers is leading a US$4m (about R50m) funding round in Bitcoin start-up BitX. The investment is being made through Naspers payments subsidiary PayU, with BitX’s existing investor, Barry Silbert’s Digital Currency Group, also participating in the round
Full credit has to go to Telkom communications head Jacqui O’Sullivan for coming out swinging to my recent criticism of its enterprise development (ED) initiatives. It is just a pity that her argument didn’t make sense. As a quick rewind, I made
It’s the first day of the new term and eager young pupils at Megatong Primary School in Soweto gather in the school yard on Monday morning, oblivious to the uphill battle their teachers and parents have to face keep the dilapidated facility open. The school, which has
Telkom offers prepaid consumers more high-value plans than any other operator in South Africa, while Vodacom offers the fewest because of its relatively high prices, according to new research by telecommunications pricing firm Tarifica. Using an algorithm
From Tuesday, thousands of pupils at township schools around Gauteng will have tablets, smartboards and unlimited mobile data during specific hours. “I am proud to declare that as from tomorrow your life will never be the same again,” Gauteng education
It’s been 50 years since Gordon Moore, one of the founders of the microprocessor company Intel, gave us Moore’s Law. This says that the complexity of computer chips ought to double roughly every two years. Now the current CEO of Intel, Brian Krzanich