Mobile messaging platform and social network Mxit has acquired Cape Town-based start-up Motribe for an undisclosed amount of money. Motribe was founded two years ago by Nic Haralambous and Vincent Maher and is 30% owned by local start-up investment firm 4Di Capital. Motribe, which employs eight
Telkom CEO Nombulelo Moholi has rejected speculation that she intends resigning next month, when Telkom chairman Lazarus Zim leaves, Business Report reported on Tuesday. “There’s nothing like that. Have you ever heard a quote from me saying that? All I can give you is I’m denying the rumour,” Moholi, who
Julius Malema’s legal team is expected to set up a dedicated website to deal with queries about the expelled ANC Youth League leader’s court case. In a press statement released on Tuesday morning, Brian Kahn Inc said that over the past few days it had received hundreds of text, emails and telephone queries from journalists
Government would begin a final round of talks on the Gauteng Freeway Improvement Project on Tuesday, the presidency said on Tuesday. The first meeting would be held with the Opposition to Urban Tolling Alliance (Outa) at the Union Buildings in Pretoria, spokesman Thabo Masebe said. “This is
SA’s largest online fashion retailer, Zando, has secured an investment from JP Morgan Asset Management. The investment will be made through Zando’s German holding company and will see the US investment firm take a stake worth more than US$10m, though the exact figure has not been disclosed. The company
Former Vodacom Group CEO Pieter Uys will join the management team of Stellenbosch-based investment firm Remgro in April 2013 on a full-time basis. He will also join the company’s board of directors. Remgro, which emerged from Rembrandt — the tobacco and industrial conglomerate founded by Anton Rupert — was one of the
Canada’s Research in Motion (RIM) confirmed on Friday that it was experiencing renewed problems with BlackBerry network services in Europe, the Middle East and Africa. The outage appears less widespread than the October 2011 meltdown
The date for analogue switch-off in Kenya’s move to digital terrestrial television broadcasting remains unknown because, according to the Communications Commission of Kenya, countrywide infrastructure is still not in place. Government had originally intended to have the process completed by mid-June 2012
This was not your typical car race. There was no revving of engines at the starting line, no screeching of tyres — just a gentle silent forward movement and they were off. We had gathered at the northern gate of the CSIR in Pretoria for the start of the Sasol Solar Challenge. For the next two weeks, 13 solar-powered
SA is waiting anxiously to hear what Eskom’s latest round of tariff hikes will be. But besides the tariff increases to pay for its current construction programme – the building of the Medupi, Kusile and Ingula power stations – the big question is how it is going to fund new generation capacity after that. The country’s
