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
Roy Kruger, technical adviser to communications minister Dina Pule, says Telkom is set to stage a turnaround despite being overstaffed “like all government entities”. He says the Pule has submitted several proposals, including a recommendation, on the company’s future to cabinet. He
Africa’s booming mobile market’s edge lies in its role as an innovative hub for new products in the banking, health, education and commerce sectors. A number of recent reports released by PwC, Deloitte and the GSM Association have confirmed this growing trend. It
Migration from fixed-line services to mobile alternatives continues to hurt Telkom, with the number of fixed lines in service plummeting to less than 3,9m at the end of September from 4,1m a year ago. The operator’s interim results for the six
South Africa’s e-reader market received a shake-up this month when Pick n Pay announced that it was bringing the Kobo Touch e-reader to SA for R995. By comparison, the Kindle Touch 3G, which was recently launched in South Africa, retails at R2 699. Obviously
Brett Haggard, Benedict Kelly and Aki Anastasiou get together in studio this week to discuss Vodacom’s results and what they mean, the BlackBerry 10 launch, the Lumia 920, Samsung’s price hike for Apple, scientists perfecting the invisibility cloak, and more
Parliament’s portfolio committee on communications will probe telecommunications costs in South Africa, starting at a two-day public hearing at the end of this month. The two-day session, which will take place on 29 and 30 November, will form the initial phase of
End of Watch, the latest film from Training Day scribe and Street Kings director David Ayer, opens with Los Angeles beat cop Brian Taylor (Jake Gyllenhaal) describing himself and his comrades in the police force as “the thin blue line protecting the prey from the
