First National Bank has finally confirmed what SA Internet users have long suspected. The banking group is partnering with online payments specialist PayPal, a subsidiary of online auctions giant eBay, to allow South Africans to use the US company’s full suite of products for the first time.
FNB on Wednesday invited journalists to a press briefing [...]
March 11, 2010 | Posted in
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JSE-listed cellphone group MTN plans to spend almost US$200m (R1,5bn) in total on high-capacity undersea cables serving markets in Africa and the Middle East.
That’s the word from outgoing MTN president and CEO Phuthuma Nhleko, who says the group has already spent tens of millions of dollars of the committed amount, with more to come in [...]
March 11, 2010 | Posted in
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In a recent interview with TechCentral, Owen Dean of specialist intellectual property lawfirm Spoor & Fisher urges that SA should ratify a treaty that requires anti-circumvention provisions meant to stop copyright infringement
March 11, 2010 | Posted in
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MTN SA continued to lose market share in the second half of 2009, shedding 6,4% of its subscriber base during the year, as significant IT and billing system problems, coupled with new regulations and the recession, hit the cellular network operator hard.
Gross connections fell as a result of the Regulation of Interception of Communications Act [...]
March 11, 2010 | Posted in
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SA consumers, used to high prices for telecommunications, must be rubbing their hands in glee. The cost of broadband and voice telephony has begun falling, in some cases dramatically, as competition finally begins to take effect
March 10, 2010 | Posted in
Duncan McLeod,
Opinion,
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Online retailer, Naspers-owned Kalahari.net, has pipped rival, Avusa subsidiary Exclusive Books, to the post to be the first SA company to offer electronic book downloads.
Kalahari has 60 000 titles available for digital download, says CEO Gary Hadfield (pictured). The offering includes best-selling fiction titles as well as books in a range of genres.
“We’ll be growing [...]
March 10, 2010 | Posted in
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Companies owed money by Faritec will have to opt for shares in the troubled JSE-listed IT group, or risk losing the money they’re owed.
The group, which is fighting to stave off closure, plans a fresh R60m rights offer to raise the cash it needs to continue trading.
Faritec’s largest shareholder, Shoden Data Systems, and “certain members [...]
March 10, 2010 | Posted in
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It’s like a movie about America’s Old West. Except this is SA, and it’s not a gripping story on the silver screen where actors get shot, dust themselves off, have a good laugh, and head back to their trailers. No, in the Wild West we’re heading into
Within days of mobile interconnection rates being cut, SA’s two biggest cellphone operators, MTN and Vodacom, have slashed their peak-time prepaid voice tariffs.
The two companies have cut prepaid rates between 6am and 8pm on weekdays by as much as 40%.
Interconnection rates are the fees the mobile operators charge each other and other operators to carry [...]
March 8, 2010 | Posted in
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Lewis Carroll’s classic books have inspired countless pieces of popular culture over the years — movies as diverse as Terry Gilliam’s Jabberwocky and an animated 1951 Disney Alice in Wonderland film, computer games like American McGee’s Alice, and even a concept album by Tom Waits. But of all the artists to take a crack at [...]
March 5, 2010 | Posted in
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