Allied Electronics Corporation's (Altron) subsidiary‚ Altech‚ is to dispose of its 8.6% stake in Liquid Telecommunications Holdings‚ the company said.
16 Jan 2014 07:53
The fourth annual PwC South Africa Entertainment and Media Outlook was launched recently and I caught up with Vicki Myburgh, Entertainment & Media Industries Leader for PwC Southern Africa.
By Danette Breitenbach 29 Nov 2013 15:01
First National Bank's eWallet continues to show strong growth in its African operations with a 119% year-on-year increase. It has also maintained growth in SA with the total number of eWallets in all countries reaching 2.5m‚ an 84% increase from the previous financial year.
By Bekezela Phakathi 28 Oct 2013 10:52
South Africa launched an online, 24-hour radio station on Thursday, 17 October that aims to showcase its foreign policy and shore up its position as a continental economic and political powerhouse.
18 Oct 2013 09:08
To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.
19 Aug 2013 11:46
MTN on Wednesday (14 August) reported a 22% rise in headline earnings per share to 654c for the six months to June‚ up from 536c a year ago. Diluted headline earnings rose to 649c from 532c.
14 Aug 2013 13:05
Mobile services group Vodacom on Thursday (18 July) reported a 3% rise in group revenue to R17.5bn for the June quarter.
18 Jul 2013 12:33
International Information and communications technology group Datatec said on Wednesday (17 July) that overall group revenues and earnings for the period March to June this year were similar to those for the same four months last year but underlying earnings‚ basic earnings and headline earnings per share were all slightly lower.
17 Jul 2013 11:28
Within five years‚ Vodacom Business could account for 25% of Vodacom South Africa's service revenue according to new plans revealed by Vuyani Jarana‚ chief executive of the company
5 Jul 2013 07:54
E-commerce in Africa has grown dramatically over the past year‚ and is poised to support the massive consumer boom on the continent‚ according to Robin Philip of payment services provider PayGate.
By Thabiso Mochiko 4 Jul 2013 09:26
Africa will not rely on funds from former colonial powers to support the establishment of an interim rapid reaction force to respond to coups on the continent, President Jacob Zuma said on Wednesday (19 June).
20 Jun 2013 10:33
Telecommunications group MTN said on Tuesday (28 May) that the group had increased its subscriber base by 4% in the four months to April 30 to 197.4m mobile subscribers across its operations.
29 May 2013 08:31
Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).
By Mariam Isa 28 May 2013 10:31
Mobile phone operator MTN has increased its subscriber numbers by 3.2% in the first quarter 2013 and now has 195.4m users of its service in 22 countries across Africa and the Middle East.
26 Apr 2013 07:25
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
17 Apr 2013 09:47
Although Africa made huge strides in increasing human development in the past decade, gains could - with hundreds of millions of people being pushed into extreme poverty - easily be reversed should "significant progress" not be made in halting global warming.
By Schalk Mouton 20 Mar 2013 10:37
The growth of mobile money will continue at a rapid rate this year‚ global mobile industry body GSMA said in a recently released report entitled The Economy of Mobile 2013.
By Thabiso Mochiko 20 Mar 2013 07:09
Hackers have claimed the scalp of the South African Ministry of State Security's Twitter account, underlining concerns that Africa may be the soft underbelly of global cyber security.
6 Mar 2013 09:15
Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion.
By Helmo Preuss 27 Feb 2013 07:33
MoneyGram remittance costs are 5% or less depending on the size of the transaction‚ MoneyGram's Vice President for Africa Hervé Chomel told a media roundtable on Thursday (7 February).
8 Feb 2013 10:45
Test pilots and flight test engineers from Denel Aviation are now taking their skills and experience to clients in countries across Africa.
1 Feb 2013 08:13
GABORONE, BOTSWANA: Botswana on Monday (3 December) became the second African country to be featured on Google Maps' Street View, allowing users to explore landmarks such as the Okavango Delta.
4 Dec 2012 09:11
PARIS, FRANCE / DARMSTADT, GERMANY: The World Association of Newspapers and News Publishers (WAN-IFRA) has launched its 2012 Mobile News Grants and Training Scheme, providing newspaper companies in Sub-Saharan Africa an opportunity to develop or expand their mobile platforms.
13 Mar 2012 10:17
The Higher Education and Training Department says R886 million has been invested in connecting South African universities and public research organisations to each other at a minimum speed of 10 gigabits per second.
26 Jan 2012 12:25
SAN FRANCISCO, US: Apple has announced that the latest version of its hot-selling iPhones will be released in China and 21 other countries on 13 January. It is already available in South Africa.
6 Jan 2012 09:43
The South African Police is seen as the most corrupt government department with most people being prepared to - or having already - paid bribes to them according to research by Transparency International published in Business Live.
23 Nov 2011 12:40
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
LUXEMBOURG: Intelsat SA, one of the world's leading providers of fixed satellite services, recently announced a series of new contracts with media customers using the company's leading video neighbourhoods.
14 Apr 2011 10:56
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