JSE-listed technology firm Morvest is getting into … bedding. The company told shareholders on Tuesday that its subsidiary Morvest Retail, through its business Whoohaa, will buy “certain business assets and business liabilities” of well-known mattress maker Simmons for R75m
The Parkhurst Residents and Business Owners Association (Praboa) has unanimously decided to award the project to build fibre to homes and businesses in the neighbourhood to Vumatel, a new player in South Africa’s last-mile fibre market. The project will be the first for Vumatel and will likely serve as a case
Telkom’s share price has smashed through the R40/share barrier following a positive trading update released last week. It’s the first time Telkom has traded at these levels since late 2009 after the company disposed of its 50% stake in mobile operator Vodacom. The counter has been on a tear in the past year
South African consumers’ satisfaction with mobile network service providers has remained unchanged in the past year, although their happiness with…
This year’s keynote at Apple’s Worldwide Developers Conference (WWDC) signalled a significant change of direction for the company. The new features announced for iOS 8 and Mac OS X 10.10 (Yosemite) point to much tighter integration between Apple devices, enhancing the experience for users
BT, the British telecommunications group, has won a six-year, US$37m (about R390m) deal with the De Beers Group of Companies in terms of which it will provide a wide range of IT services to 70 De Beers sites, including exploration and mining locations worldwide. De Beers is the world’s largest
The department of basic education has rejected a World Economic Forum (WEF) report about the state of the country’s maths and science education. “The report is not a credible or accurate reflection of the state of education in South Africa,” the department said in a statement. According to the
The constitutional court has dismissed a Democratic Alliance application for leave to appeal against a decision regarding the constitutionality of e-tolling legislation. “[The court] decided it was not in the interest of justice for the constitutional court to hear it [the matter] at this stage,” DA federal executive
Roadblocks in different parts of Gauteng on Tuesday were not linked to e-tolling, the department of community safety said on Tuesday. “The Gauteng traffic police today [Tuesday] has operations across different parts of the province focusing on vehicle and driver fitness,” said spokesman Thapelo
Mobile operator MTN is acquiring a controlling 50% stake in Internet service provider Afrihost for an undisclosed sum. In an e-mail to Afrihost clients on Monday, the service provider’s CEO, Gian Visser, says MTN is buying 50% plus one Afrihost share. The existing shareholders, including management, will
