SA has structures for carbon trading

South Africa could use existing structures, including the JSE, to quickly launch a carbon trading system that will help companies offset carbon reduction projects against the upcoming carbon tax. In South Africa both carbon tax and carbon offsets are fast becoming a...

Financial challenge launched on OpenIX

A South African financial service provider has partnered with The Innovation Hub to launch a new challenge on OpenIX. Previously known as the Open Innovation Solution Exchange, OpenIX is a Web-based platform hosted by The Innovation Hub that aims to connect leading...

The economics of free mobile apps

There is no hard and fast rule for making money out of mobile advertising and app monetisation. IDC and App Annie have released a joint report entitled “Mobile App Advertising and Monetisation Spotlight 2012-2017: The Economics of Free”, which explores mobile app...
SIU in USAASA investigation

SIU in USAASA investigation

President Jacob Zuma has authorised the Special Investigating Unit (SIU) to investigate allegations in respect of the affairs of the Universal Service and Access Agency of South Africa (USAASA). The SIU will, among others, investigate the following allegations: *...

Pinnacle hammered on bribery allegations

Pinnacle Holdings stock continued to slide this morning on the back of yesterday’s news that an executive director stands accused of bribery. Takalani Tshivhase is alleged to have offered a lieutenant-general of the South African Police Service R5-million in January...

Facebook gets into VR with Oculus

Facebook has reached a definitive agreement to acquire Oculus VR, a leader in immersive virtual reality technology, for a total of approximately $2-billion. This includes $400-million in cash and 23,1-million shares of Facebook common stock (valued at $1.6-billion...