IT billionaire Robert Gumede, who is a substantial investor in JSE-listed IT group Gijima, and his long-time friend and business partner, Ivor Ichikowitz of defence and armaments group Paramount, have pulled the plug on their plan to
Despite turning in a R16,9m loss in the financial year to 28 February 2011 and facing a R30m lawsuit from MTN, JSE-listed telecommunications specialist Huge Group says it is confident it will survive the
Walmart has hit the ground running following its purchase of a controlling stake in SA retail giant Massmart. Sunday newspapers carried glossy Walmart-Massmart advertisements promising discounted prices to consumers and sending a
Naspers MD Koos Bekker has lamented the lack of broadband in SA, describing it as a “tragic story” created by a decade of poor regulation. Speaking on Talk Radio 702’s The Money Show with Bruce Whitfield on Monday evening, Bekker
The first cellular phones were cumbersome, ungainly things that required strong arms and frequent access to a power point. Then the great shrink happened. By the end of the 1990s, phones had evolved from briefcase-sized to pocket-sized to
iBurst plans to offer broadband in rural areas in partnership with municipal councils. CEO Thami Mtshali says the company, which he says has turned the corner after a disastrous billing problem that lost it many customers, has identified
Founded in 2010, Cape Town-based start-up TrustFabric wants to give consumers control over how businesses are allowed to contact them, while letting businesses keep their customer databases up to date. Under the Consumer Protection Act
Telkom has finally provided details about its planned cuts in local call rates. The company published its annual tariff filing last week, announcing that local call rates were coming down, but didn’t provide details of by how much they would
Greenpeace activists dumped three trucks of coal in front of the headquarters of Eskom on Monday to protest what they called its lack of commitment to green energy. Activists from the global environmental organisation paraded in front of the five tonnes of
Late last year, I was asked to audit some software that had been developed overseas and bought by a large SA company to launch a new consumer website. It all looked pretty straightforward, until I noticed a strange line in the code: every time a new subscriber signed up, the