MTN hopes to reduce Nigerian fine

The MTN group hopes to have its $5,2-billion fine by the Nigerian Communication Commission (NCC) reduced. Executive chairman, Phuthuma Nhleko, has met with the Nigerian authorities over the fine of $200 000.00 imposed for each unregistered subscriber. “These...

Mobile revenue boosts Telkom earnings

Telkom has published its interim results for the six months ended 30 September, showing increased revenues and earnings. EBITDA, excluding the one-off items, improved 15.1% to R5-billion, boosting headline earnings per share, excluding the one-off items, by 13,9% to...

Flash brings national lottery closer to the people

Ithuba has partnered with mobile vending business Flash to increase its reach of National Lottery products to the South African public. This will also increase Ithuba’s footprint in the informal retail market to bring the lottery closer to people. Flash traders...

Allied Mobile Africa in $55m PIC funding deal

Allied Mobile Africa has signed a strategic finance and partnership agreement with the Public Investment Corporation (PIC) for debt funding facility of $55-million (approximately R800-million). The facility is to drive the company’s growth in South Africa as...

Company leaders must remap industries

Leaders must understand the critical forces driving digital to the core of products and services and learn how to remap their industries, remodel their organisations and remake themselves to take digital to the core of their leadership, according to Gartner. In the...

Amdahl, ‘father’ of modern computing, dies

Gene Amdahl, credited with many of the technologies used in modern computing, has died, aged 92. Amdahl was IBM’s chief architect in the 1960s, overseeing the development of the System/360 mainframe range, which employ technologies that are still central to...