The constitutional court on Tuesday reserved judgment in the South African Reserve Bank's application for leave to appeal a supreme court of appeal judgment in favour of billionaire technology entrepreneur Mark Shuttleworth
The mobile operator said on Wednesday in its annual financial results that it shelled out R408m to acquire 50% (plus one share) of the Internet service provider. A large portion of the value of the deal was made up of goodwill.
MTN has disclosed for the first time how much it paid to acquire Afrihost, and it's not quite as high as earlier reports suggested. The mobile operator said on Wednesday in its annual financial results that it shelled out R408m to acquire 50% (plus one share) of the Internet
The power grid will be severely constrained for the rest of the week, parastatal Eskom said on Tuesday. It is possible that we may go through today [Tuesday] without implementing any load shedding, spokesman Khulu Phasiwe said. If any of our
Samsung lost the number one spot in the global smartphone market in the fourth quarter of 2014, displaced at the top of the pile by Apple, according to new data from Gartner. It’s the first time Samsung has dropped out of the top spot in smartphone sales volumes
“After missing a series of deadlines to respond to the DA’s complaint, the CEO of The New Age, Nazeem Howa, wrote to the ombudsman on 25 February to ‘confirm the withdrawal of The New Age from the press ombudsman processes’.”
The New Age newspaper has pulled out of the Press Council's ombudsman system, the council said on Wednesday. The New Age was one of the publications that have been using our system without being members of Print & Digital Media South Africa
On Joosub’s comments, Farroukh said: “My colleague’s remarks I receive quite openly. We will open the menu: how can we help you and how can you help us? We’ll open this [menu] for the entire market, so we can go and compete and get the best value for our subscribers.” #MTN
MTN South Africa showed “clear evidence” of a “successful turnaround” in the second half of 2014, the mobile operator said on Wednesday, despite the operation reporting a 3,9% decline in revenue and a sharp decline in operating margins. For the year
Gauntlett stated that while Shuttleworth referred to the Reserve Bank’s decision, the minister, in fact, made the decision, as he was vested with the responsibility to set macroeconomic policy, including exchange controls.
The decision whether to reverse an exit charge on Mark Shuttleworth's capital transfer out of South Africa should have rested with the finance minister and not the South African Reserve Bank, the constitutional court heard on Tuesday. One major issue
A new survey of the technology habits of South Africa’s student community shows that Facebook has become the default social network among students, with 97% of students in tertiary education using the platform. Twitter is second at 67%, followed by
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