Browsing: Investec

Vox Telecom, whose main shareholders last month decided against selling the company after considering offers from interested parties, now plans to build its own national fibre-optic broadband backbone

An unnamed company has made a firm offer to acquire Wireless Business Solutions (WBS), the parent company of iBurst and Broadlink. WBS nonexecutive director David Hilewitz on Monday confirmed that an offer has been tabled, but declined to name the acquiring party, saying

The technology distribution business in South Africa has become “massively overtraded” and competitors are in a “race to the bottom” if they can’t diversify by entering complementary business areas. That’s the view of Miles Crisp, CEO of

Vox Telecom has begun engagements with a number of local and international companies in a move that could eventually result in a sale of the independent telecommunications service provider. “This is more of an engagement process at this stage, rather than the sale the media is making it out to be

Three weeks ago, in mid-April, Absa became the last of South Africa’s big banks to launch a mobile transactional banking application for smartphones and tablets, beating at the finish line by First National Bank, Standard Bank, Nedbank and Investec. But Absa, South Africa’s

First National Bank has released a dedicated tablet version of its transactional banking application. Until now, customers have been able to use the FNB Banking App designed for iPhone and iPod touch on the iPad, but that version of the app isn’t optimised for the tablet computer’s larger

Absa has finally taken the wraps off its application for smartphones and tablets, becoming the last of South Africa’s big four banks to launch a transactional banking app. Absa’s banking application supports Apple’s iPhone and iPad as well as devices running the Android operating system. It allows users to make payments

Investec has become the latest South African financial services institition to launch a transactional banking application. The app, which is available for Apple’s iPad tablet only, offers mobile banking and trading tools to Investec customers. The app is available in the South African version

Vox Orion CEO Jacques du Toit will take the reins at Vox Telecom with immediate effect after a decision by co-CEOs Doug Reed and Angus MacRobert to step down. MacRobert, who is a former CEO of Dimension Data division Internet Solutions, will leave Vox Telecom, which was

Although the African telecommunications industry has enjoyed significant growth in the past decade, with operators that capitalised on it generally mostly healthy returns on their investments, there is still the opportunity for far more growth, particularly for those who know where