Telecommunications carriers have long grumbled that they spend a fortune building the world’s data networks only to watch the US technology giants reap most of the benefits. Now they fear Silicon Valley will take away their customers, too.
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Plans to build a new submarine broadband cable from South Africa across the south Atlantic appear to be gathering pace, with SAEx International announcing on Thursday that is has contracted Nokia’s Alcatel Submarine Networks.
The South African Banking Risk Information Centre on Thursday warned of a surge in Sim-swap fraud in the country.
Facebook has hired Africa Check and AFP to try to crack down on the sharing of fake news on the social media platform in South Africa.
The Internet Service Providers’ Association (Ispa) on Thursday slammed communications regulator Icasa’s new call termination rate regime, saying it favours the industry’s larger players.
South African banks are reporting phenomenal growth in the use of banking apps despite the country’s finite banked population, stagnant levels of smartphone penetration and relatively low levels of financial literacy.
In this episode of the podcast, Duncan McLeod interviews newly appointed EOH Holdings CEO Stephen van Coller on the group’s disappointing 2018 financial results and how he plans to turn the situation around.
EOH Holdings financial director John King has resigned. King announced his decision to leave the business at the group’s annual results presentation in Sandton on Wednesday.
Stephen Van Coller, EOH Holdings’ new CEO, said he will use a R1-billion cash injection from a stake sale to black investors to pay for acquisitions and decrease the group’s bank debt.
Finance minister Nhlanhla Nene said he met repeatedly with members of the Gupta family, who have been implicated in a corruption scandal related to former President Jacob Zuma.