Former National Energy Regulator of South Africa chairman Collin Matjila will be acting CEO of Eskom when current CEO Brian Dames steps down next week, the power utility said on Thursday. “Upon the appointment of the substantive chief executive, Mr Matjila will return to his position as a nonexecutive director

No one is really sure who created it. Financial regulators, including our own Reserve Bank, do not like it. But its proponents believe it could revolutionise international monetary and payment systems, in the same way the Internet changed how the world communicates. It is Bitcoin, the virtual or crypto-currency that has gripped the imaginations of technophiles and

Brett Haggard and Dave Greenway are back in the studio this week, hosting StrategyWorx’s Steven Ambrose in a discussion all about first tweets, the mobile termination rates court case, the launch of the HTC One M8, the iPad 4 replacing the iPad 2 as the entry-level tablet from Apple, Google’s partnership on Glass with

Former communications minister Dina Pule has decided to decline the ANC’s nomination for the national assembly, she said in a statement on Thursday. “I have given great thought to what I should do with the rest of my life, and while I will remain a loyal and committed member of the ANC, it is in my best interest and that of my children

Recent events are evidence of unprecedented pressure on mobile network operators to lower their prices. Yet a sober analysis reveals that the networks are really their own worst enemies, and can turn their fortunes around by simply lowering prices. The latest proposed cuts in the mobile termination (interconnection) rates are the most

Communication minister Yunus Carrim on Thursday welcomed a Special Investigating Unit (SIU) probe on the Universal Service & Access Agency of South Africa (Usaasa). “We welcome the SIU proclamation on Usaasa. Obviously it is regrettable, but the proclamation is absolutely necessary in view of the persistent allegations against Usaasa

The focus of the low-cost microcomputer Raspberry Pi, which costs as little as R349, has not hit its intended target market in South Africa, says RS Components, one of two global distributors of Raspberry Pi. RS Components GM Brian Andrews says it’s more South African hobbyists and designers that have taken an interest in the

Yookos, a newish social networking site aimed at people across Africa, has signed up 10m users in the three years since its commercial launch and appears set for further strong growth. The network, which began in Nigeria as a Christian-focused site, is now headquartered in Johannesburg and is targeting a broader audience interested in what its founders

Vodacom intends tabling an offer of US$460m (about R5bn) to buy Neotel, according to a report published in the Wall Street Journal on Wednesday. The newspaper, quoting an unnamed executive at India’s Tata Communications, Neotel’s holding company, said that Vodacom, which is a subsidiary of the UK’s Vodafone, will also take on Neotel’s

Takalani Tshivhase will take a leave of absence as an executive director of Pinnacle Holdings following the news this week that he had been arrested for allegedly trying to bribe a top police official to secure a tender. “In the light of the bringing of the charge, Tshivhase has