Impressive. That’s the adjective that seems most appropriate in describing Telkom’s new chairman. Jabu Mabuza, a taxi driver turned business mogul, has very quickly identified the challenges facing Telkom and recognised the need to mend the breakdown

It’s been more than five years now since Apple pulled the rug from under Nokia with the original iPhone. Since then, Nokia, once the world leader in smartphones, has been scrambling to develop a product that can beat the iPhone as its market share and its

Jelly Bean, the latest iteration of Google’s Android operating system, has finally begun downloading onto Samsung Galaxy S3 handsets in South Africa. Some users on the Vodacom network have reported that the update is now available for download

Credit and debit card fraud have declined nationally, the SA Banking Risk Information Centre (Sabric) said on Tuesday. Credit card fraud between January and September this year, totalling R300,6m, dropped by 18% compared to the same period

The demand for electricity is declining, Eskom finance director Paul O’Flaherty said on Tuesday. “We were predicting that sales would go down,” he said. Releasing its interim results in Johannesburg, Eskom posted electricity sales of 110 766GWh

Cable theft costs South Africa about R5bn/year, and the “war on cable theft” is being intensified, police minister Nathi Mthethwa said on Tuesday.In written reply to a parliamentary question, he said training for designated “second-hand goods” police officers

Banking group Absa has launched a product aimed at tech-savvy young professionals. Called Potentiate, it includes a new bank card with a digital display for showing one-time Pin numbers. The product promises various loyalty benefits and those taking it up can opt to purchase an

Reunert has lifted its total cash dividend per share by 12%, to 275c, on the back of a 9% increase in normalised headline earnings per share for the year ended 30 September 2012. The JSE-listed technology and telecommunications group, whose brands include Nashua Mobile and

It is not up to government to devise a strategy for Telkom or for it to impose its will on the company. Rather, it’s up to management, through the board of directors, to develop a strategy and sell that to all shareholders, including government. That’s the view of newly

Telkom’s operating expenses of R15,6bn in the first half of its 2013 financial year were almost level with its revenue of R16,1bn, meaning the company could soon be lossmaking. This is the warning from chief financial officer Jacques