The Public Investment Corporation (PIC) has decided not to support the buyout of media and entertainment group Avusa by the Times Media Group, it was reported on Tuesday. The PIC, a 17% shareholder in Avusa, said as a “concerned shareholder” it was worried about Avusa’s underperformance
A scarce-skills allowance for teachers and specialised secondary schools for mathematics and science are among Democratic Alliance proposals to solve SA’s education crisis. “Yes, we will overhaul the whole system. You can’t simply pass mathematics with 40%, or 33%. If you can’t get 51% in a mathematics exam, you can’t count
The Envy 6 is the latest in Hewlett-Packard’s range of laptops aimed at style-conscious consumers. It’s definitely good looking, but beneath its pretty skin it’s lacking in performance and feels somewhat cheaper than it should considering prices start at R10 999. HP has been hard at work in recent years
IT mogul Robert Gumede was awarded R53m in damages and costs by a UK court against his former business partner John Sterenborg, it was reported on Monday. The UK ruling reinforced an order by the high court in Johannesburg in favour of Gumede in 2006, Business Day reported. “I was labelled as a corrupt
If you pick up any tech magazine or read any technology news website you’ll see reams of content about “the cloud”. But is cloud computing really “the next big thing”? Is there enough substance to differentiate it from existing hosted offerings to warrant the hype? Is cloud a natural evolution in the IT
Copper theft in the country declined from R23m in May to R17,9m in June, the SA Chamber of Commerce and Industry (Sacci) said on Monday. Sacci said its Copper Theft Barometer showed a third substantial decline since the peak of R34,7m in March. Furthermore, Sacci’s new Copper Theft Volume Indicator
The cold weather experienced across SA has resulted in a huge increase in national electricity expenditure, power utility Eskom said on Monday. CEO Brian Dames told a business executives’ meeting in Pretoria that the power consumption bill between 5pm and 9pm daily had been “staggering”. “This
As the Zambezi River surged past in the background, destined to plummet 100m down the Victoria Falls a mere 15 minutes’ walk away, the Zambian government last week launched GOtv in Livingstone, the country’s fourth largest city. GOtv is MultiChoice Africa’s new offering, which plays in the digital terrestrial television space. It offers consumers
In February, communications minister Dina Pule announced that the digital television switch-on was being moved from April to September. When a country switches from analogue television to digital, there are two important dates. The first is when digital television signals are launched and the second is when the analogue
It hasn’t been a good year for Telkom, or a good decade for that matter. The JSE-listed company’s share price is down by almost 40% since January. Cabinet has put paid to management’s plan to sell 20% of its equity to Korea’s KT Corp. The price of mobile services is falling, eroding its market share
