Blue Label Telecoms on Thursday (27 August), reported a 10% drop in revenue for the year ended May 2020, to R21.1 billion. Headline earnings per share of 58.16 cents per share, was up substantially, from a prior loss per share of 312.49 cents. Gross profit declined by 2% from R2.17 billion to R2.12 billion, partially […]
Minister of Communications and Digital Technologies Stella Ndabeni-Abrahams has backtracked on her decision not to appoint a sixth new ICASA councillor. In a letter sent to the Speaker of the National Assembly, Ndabeni-Abrahams informed Parliament that she has now appointed the sixth member of the ICASA council. Ndabeni-Abrahams had previously tried to override the decision […]
South African based Ukheshe has received top honours in West Africa after being named as one of the winners of the Ecobank Fintech Challenge. The company was praised for its work during the event ceremony streamed live from Accra, Ghana. Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. […]
AYO Technology Solutions has entered into binding agreements to acquire 100% of the issued share capital of Kathea Communication Solutions, and 60% of the issues share capital of Kathea Energy Equity. Kathea Communication is a value-added distributor of voice, audio visual, video conferencing and workspace management products solutions and services. It’s brand offering includes Jabra, […]
The Minister of Communications and Digital Technologies, Stella Ndabeni-Abrahams, has unveiled a programme to empower youth from the remote areas of the country by giving out laptops with internet connectivity. The public-private partnership between mobile operator MTN and the department has been working with various municipalities and community youth centres to ensure that the project […]
The clock is ticking for the attainment of the United Nation Sustainable Development Goals (SDG). Some may, however, argue that the Coronavirus global health pandemic (COVID-19) has set the attainment of the SDG agenda back. In fact, some argue that the impact of the current health pandemic has intensely led to increased global poverty, unemployment, […]
The Commerce Department announced further restrictions on Huawei Technologies aimed at cutting the Chinese company’s access to commercially available chips, the latest move in an increasingly tense relationship between Beijing and Washington. The changes, which the department announced in a written statement on Monday, build on restrictions announced in May, adding 38 Huawei affiliates in […]
Stella Ndabeni-Abrahams, Minister of Communications and Digital Technologies Minister has pleaded with the boards of the South African Post Office (SAPO) and Postbank to fast track the digitisation of banking services to make them more efficient. This comes after the Minister, during meetings with the entities in the past two weeks, raised concerns about the […]
South Africa’s leading technology company, BCX, launched a new division under its IT Solutions portfolio. BCX Exa will advise and co-create digital transformation solutions with its clients. A selected team of software engineers and other digital experts will form BCX Exa and will focus on capabilities including Digital Advisory and Consulting, Software Engineering and Integration, […]
Businesses that survive the Coronavirus health pandemic (COVID-19) should strive to be a digital-first business, equipped with technology that can bolster collaboration, information sharing and customer engagement. The pandemic has highlighted the economic, health and social risks of the traditional ways of doing business, and no sector has escaped unscathed. Small and medium enterprises (SMEs) […]