134 Huge Group, the telecommunications investment company that attempted unsuccessfully to acquire software services company Adapt IT in a hostile takeover, is cutting jobs and restructuring its management team. In a statement…
Category: Tech
From Trump to TikTok: how digital platforms bend the rules of politics
120 Digital platforms have become the essential infrastructure of modern life. They power everything from our group chats to businesses, shopping, election campaigns and emergency coordination. They instantly connect us and continuously…
Engie Kathu CEO steps up to drive South Africa’s independent power agenda
151 Precious Mmabakwena Edward The department of electricity & energy has appointed a new head of the Independent Power Producers Office (IPPO). Precious Mmabakwena Edward, who started on Monday, brings considerable experience…
Cyber crooks cashing in as ATM attacks decline
121 The rate of banking sector-related contact crimes such as branch-before-deposit and ATM-after-withdrawal robberies are in sharp decline as criminals find higher rates of success through digital means to defraud people. According…
Tech loopholes fuel vehicle theft surge in South Africa
167 Advancements in wireless technology have made it possible for vehicle owners to access and start their cars without having to insert a physical key into the door or ignition cylinder. However,…
Nedbank enters South Africa’s mobile market
132 Nedbank is the latest non-telecommunication brand to enter the mobile market, launching an MVNO – or mobile virtual network operator. Nedbank Connect has partnered with MTN South Africa to provide the…
The South African bank racing ahead of its peers in IT spending growth
134 Most of South Africa’s five largest banks are increasing their spend on IT – excluding staff costs – in single-digit percentages, their most recent full-year financial results show. However, Capitec –…
Cell C listing plan gains momentum
130 Cell C’s largest shareholder, Blue Label Telecoms, on Monday announced that an agreement has been reached on a major restructuring involving the mobile operator ahead of its likely (but still not…
R54-billion Eskom tariff shock exposes absurdity of electricity regulation
145 The author, Business Leadership South Africa CEO Busi Mavuso There is surely no greater sign of the urgent need for reform of the electricity sector than the way Eskom’s electricity tariffs…
The most overhyped but underwhelming product in history
152 In the heady last years of the 20th century, when inflation was low, interest rates were modest and employment levels high, the term “new economy” took on a whole new meaning….