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Rumours swirl around Guptas’ Sahara Computers

Speculation is swirling that the Guptas’ biggest asset in the ICT sector, Sahara Computers, is either up for sale or could even soon be closed down. Several industry sources, who say they have knowledge of the situation

In-depth
The Guptas are dismantling their empire

The Gupta family are selling their assets in South Africa to little-known companies as their access to banking facilities dries up and allegations intensify that they used their friendship with President Jacob Zuma to wield undue

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CellSAf again vows to stop Cell C deal

The recapitalisation of Cell C involving JSE-listed companies Blue Label Telecoms and Net1 UEPS Technologies is “not a done deal”, the mobile operator’s embittered black economic empowerment partner said on

News
Samsung debuts Galaxy Note8, now flame-free

The stakes are high for Samsung Electronics’ roll-out of the Note 8, after the previous model’s exploding battery fiasco last year. Like the Note 7, which was scrapped and cost the South Korean company an estimated

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Naspers smashes through R3 000/share

Naspers has pierced the R3 000/share barrier for the first time, trading briefly at R3 001/share on Wednesday afternoon on continued optimism over China’s Tencent, in which it holds a 33.2% stake. The JSE-listed technology

News
SA authorities bypassing Rica for call records

Government accesses the call records of more than 70 000 phone numbers in South Africa per year, according to the Right2Know Campaign, citing statistics from Vodacom, MTN, Cell C and Telkom. “These numbers show that, at

News
SA not ready for electric cars

The smooth and silent experience that comes with driving an electric vehicle is quite contrary to the progress South Africa has made in effectively implementing appropriate infrastructure to support vehicle

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Altron to finalise asset sales

Altron, the JSE-listed group that is repositioning itself exclusively as an ICT sector player as part of a turnaround plan, will finalise the disposal of non-core assets by the end of its 2018 financial year. Group CEO Mteto Nyati

News
Android extends its dominance in mobile

More than 87% of all smartphones sold in the second quarter of 2017 shipped with Google’s Android operating system, with Apple’s iOS – the operating system used on iPhones – the only other platform to feature, with 12.1% market share

In-depth
Making sense of the Gupta media ‘exit’

The big news of the day is that Mzwanele (Jimmy) Manyi has bought ANN7 and The New Age from the Guptas for a total consideration of R450m. Predictably, there has been an eruption of cynical comments and probing questions

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