Cell C could be the big winner from new mobile operator Rain’s decision to suspend sales of fixed-LTE products with effect from 1 November 2018.
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Bill Venter has stepped down from the board of directors of the company he founded 53 years ago. He will step down as nonexecutive director effective 31 July 2018.
Nedbank, working with Mastercard and Entersekt, has launched QR code (or quick-response code) payments to Masterpass, Pay@, SnapScan and Zapper merchants and billers in its Money app – for use online or in-store.
There is a lot of debate in the investment industry about whether the high valuations of global technology stocks are sustainable.
The Chinese Internet giant, in which South Africa’s Naspers holds a 31.2% stake, has tumbled 25% from its January peak, erasing about $140-billion of market value.
South Africa’s newest mobile network operator, Rain, appears to be having some serious teething troubles. It has “temporarily suspended” the sale of fixed-wireless 4G/LTE products.
Protests at some South African power stations amid deadlocked wage talks are stopping coal from getting to plants and threaten to force the country’s electricity provider to implement rolling blackouts.
When it comes to digital privacy, there are plenty of organisations making money out of using your data. But what if you were the one making the money?
EOH and prospective black-owned equity partner Lebashe have amended their planned empowerment deal. Lebashe will now invest R1-billion in the JSE-listed technology services group.
Eskom’s newly appointed group CEO Phakamani Hadebe put on a brave face when he announced that the group showed a R2.3-billion net loss and received a qualified audit opinion for the year ended 31 March 2018.