Losses at state-owned Broadband Infraco have widened substantially in the past year, with revenue collapsing by 40% on account of reduced business from the company’s largest customer, Neotel. Higher staff costs and increased network maintenance costs have hit the bottom line
The Economic Freedom Fighters (EFF), led by former ANC Youth League leader Julius Malema, has published its founding manifesto ahead of national elections in 2014 that it is expected it will contest. The radically left-wing manifesto, which calls for the
Puleng Kwele, who was appointed as CEO of Broadband Infraco in 2012, believes the state-owned wholesale fibre-optic infrastructure provider, whose clients include Neotel, MTN and Cell C, is poised to turn around its fortunes in the financial year ended March 2014
Democratic Alliance MP Marian Shinn says fired communications minister Dina Pule won’t be missed by the technology sector, but the communist sympathies of her successor, Yunus Carrim, could prove problematic in a sector that thrives on openness and liberalisation. It could
Limpopo and Mpumalanga are to get a high-speed broadband network after state-owned infrastructure company Broadband Infraco said it intends rolling out fibre-optic networks in the provinces. Broadband Infraco CEO Puleng Kwele says the “northern ring capacity
Minister in the presidency Collins Chabane is next week expected to announce the findings of the long-awaited presidential review of state-owned enterprises and speculation is mounting that communications minister Dina Pule will be the big loser in
With a potential repositioning of some of the country’s most significant parastatals in the offing, a number of ministers could lose out as key entities are placed under the ever-extending wing of public enterprises minister Malusi Gigaba. Not least of these
Musa Phungula, the man behind a new subsea cable that will link similar systems landing at Mtunzini in KwaZulu-Natal and Yzerfontein north of Cape Town, plans to build two huge, 6000sq m data centres to house servers for international content companies and local telecommunications operators
After significant delays, in part caused by the complexity of managing a project involving three direct competitors, the National Long Distance (NLD) consortium has finally switched on its fibre-optic telecommunications networks between Gauteng and KwaZulu-Natal. The
The government’s decision in August to retain two Telkom directors who small institutional investors wanted removed and vote off four independent investors has led to speculation that the purge of the board was driven by a long-term plan for the company
