Wealthy South African businessman Johann Rupert has made a R2,3bn offer to buy a company which holds a large stake in Caxton, the Sunday Times reported. Rupert made the offer to buy ElementOne, which holds a 40% stake in Caxton and CTP Publishers and Printers, through his company Remgro
In a victory for Absa and its subsidiary AllPay Consolidated Investment Holdings, the constitutional court has declared “constitutionally invalid” the awarding of a R10bn tender to Cash Paymaster Services (CPS), a subsidiary of the Johannesburg- and New York-listed Net1 UEPS Technologies
Apple’s new iPad Air will go on sale in South Africa before the end of next week, and will have a starting price of R5 999 for the entry-level 16GB, Wi-Fi-only model, the company’s local distributor, Core Group, said in a statement on Friday. The new iPad, which has a
I always seem to be defending myself when the topic of cellphone or Internet addiction comes up. When it happens, everyone around the table turns to look at me first. Why is it that I have to explain myself? Yes, I have a smartphone and, yes, like many people, I use it a lot. Except
Micket, a new Cape Town start-up, has developed a mobile ticketing solution that allows users to purchase tickets — and gain access to events — all using their cellphones. The Micket.me website can be accessed from a PC or mobile device, with payment made via credit card or EFT, after
MTN will “vigorously defend” itself against the latest lawsuit brought by rival Turkcell in the high court in Johannesburg, the JSE-listed mobile telecommunications group said on Thursday. MTN said the latest suit from Turkcell, which operates the largest mobile
Cell C is set to help launch the first mobile virtual network enabler in South Africa, creating a platform that will allow mobile virtual network operators – Virgin Mobile is an example of an MVNO – to offer mobile products and services. Cell C will launch
Unless Telkom immediately implements a “significant reduction” in wholesale Internet Protocol Connect (IPC) charges, Internet service provider MWeb, a subsidiary of pay-television operator MultiChoice, will take the fixed-line operator to the Competition Commission
Cell C CEO Alan Knott-Craig is making a strong recovery after suffering a stroke, the mobile operator’s acting CEO, Jose Dos Santos, said on Thursday. Last Monday, Knott-Craig suffered what Cell C is describing as a “minor stroke”. He has suffered a number
BT Group, formerly British Telecom, has unveiled a new drive for growth in the high-growth markets of Asia-Pacific, the Middle East and Africa, with a plan to accelerate its expansion in these regions. Speaking via a telecast from Malaysia on Thursday, Kevin Taylor, president of
