Technology services company Business Connexion (BCX) has reported an improvement in normalised headline earnings. For the year ended 31 August 2013, normalised headline earnings per share rose by 4%, from 50,6c last year to 52,2c. The company, which is

Roads agency Sanral has more than 1,4m unsold e-tags, according to transport minister Dipuo Peters. “Sanral procured 2,1m e-tags over the past three years; a total of 1,4m have not been allocated,” she said in a written reply to a parliamentary question. The figures imply 679 000 e-tags have

Cell C CEO Alan Knott-Craig earlier on Monday suffered what the company is describing as a “minor stroke”. “He is currently recovering in hospital and is responding well to treatment,” Cell C said in a statement. “He is expected to make a full recovery.” The company said Cell C

Telkom is in talks with a number of parties with regard to finding a solution to its loss-making Telkom Mobile business, group CEO Sipho Maseko said in Pretoria on Monday. Maseko, speaking to media and analysts at Telkom’s 2014 interim results presentation, said

When Roy Amara was president of The Institute for the Future, he famously remarked: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” Looking at the current crop of start-ups now hitting their stride, it’s safe to say online

Telkom group CEO Sipho Maseko said on Monday that the partially state-owned telecommunications operator is keen to be intimately involved in the deployment of a national broadband network into areas of the country that are not currently well served. But Maseko warned that government

It has emerged that suspended Telkom chief financial officer Jacques Schindehütte was granted an interest-free R6m loan by the telecommunications operator to allow him to buy shares in the company. But Telkom is now concerned the loan may have been in breach of the Companies Act

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The value of debit card fraud losses decreased by 42% between January and September this year compared to the same period last year, the South African Banking Risk Information Centre (Sabric) said on Monday. It fell from R204m to R117,7m over the two years, it said in a statement

Telkom’s underlying operational earnings remained under pressure despite an increase, the telecommunications giant reported on Monday. “The group’s financial performance indicates a challenging industry environment,” CEO Sipho Maseko said in a statement. The increase in earnings