May 18, 2016
Revenue for Allied Electronics (Altron) declined by 4% to R26,6-billion for the year ended 29 February 2016. Earnings before interest, tax, depreciation and amortisation (EBITDA) reduced by 73% to R376-million, and headline earnings per share (HEPS) declined to a loss...
May 18, 2016
With two-thirds of South Africans out in the cold when it comes to Internet access, the WiFi Forum SA (WFFSA) will redouble its advocacy for public access WiFi across South Africa. The commitment to universal service was made by the WFFSA’s “top...
May 18, 2016
MTN SA has announced that it has achieved the fastest indoor mobile data service in South Africa using LTE-U and 4.5G technology. The service is able to provide customers with data speeds up to 1,01Gbps, which it believes is the first Gigabit per second speed recorded...
May 18, 2016
Interactive Intelligence South Africa has sold its support service division in South Africa to KEW ICT Outsourcing. KEW ICT Outsourcing is a South African Level One, 100% black-owned company that provides ICT services. The transaction was vendor financed over three...
May 17, 2016
Global inclusion in the Internet could bring 7% of the world’s population – 500-million people – above absolute poverty levels, and add $6,7-trillion to global economic output. This is according to a study by Strategy&, PwC’s strategy...
May 17, 2016
The weak GDP growth numbers assumed for the first quarter could push South Africa into recessionary conditions much sooner than initially projected. Thea Fourie, senior economist at IHS Global Insight, says it now appears as if the sharp fall in international...