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
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Dimension Data Middle East & Africa chairman Andile Ngcaba is reinvesting all of his proceeds from the black economic empowerment (BEE) deal he struck with the company in 2004 now that it has vested. The total value of the transaction
A hotel in Sandton has been connected to the Internet at speeds of 2Gbit/s, or 2 000 times faster than an average 1Mbit/s home connection, thanks to Dark Fibre Africa, a terrestrial fibre company, and Seacom, the submarine cable provider. However, the connection is temporary
State-owned telecommunications infrastructure company Broadband Infraco has reduced its net losses in the 2012 financial year ended 31 March 2012, reporting a loss for the year of R95m against a loss of R206m in the 2011 financial year.
Earnings
Dimension Data division Internet Solutions and Convergence Partners, the telecommunications investment vehicle controlled by Didata Africa chairman Andile Ngcaba, are jointly establishing a new business, called SpectraCo, with a view to possibly building a national wholesale wireless broadband network
Investors have expressed keen interest in a undersea broadband cable that would link Brazil, Russia, India, China and SA (the Brics countries) to each other and the US, a promoter of the project said on Thursday. “There have been many parties showing interest in the Brics cable project. To date, a total of
Seacom plans to upgrade its subsea telecommunications network to newer fibre-optic switching technology later this year that will more than double the capacity on the system. CEO Mark Simpson says the company will begin tests in the next couple of months with a view to upgrading the US$600m system from
Just when telecommunications industry players and analysts thought SA couldn’t possibly get any more undersea broadband infrastructure, news is emerging of a raft of new cable systems that will serve both SA and the region. On Monday, Brazil, Russia, India, China and SA — the so-called Brics countries — announced plans for a new high-capacity
Five years ago, SA had one cable, Sat-3, running down Africa’s west coast and connecting it to the global Internet. Today the continent is surrounded by high-capacity cables, with plenty more, even bigger systems to come. There are now so many cables and such a great deal of capacity that Steve Song, author of the popular
With the abundance of cables landing on SA’s shores, you could be forgiven for thinking it’s one the most connected countries in the world. In a sense, it soon will be: there’s no shortage of international capacity on the way. What’s lacking is widespread local access to take advantage of it. The problem isn’t without solutions, but