Archive for ‘February, 2010’

Eskom tariff announcement sparks anger

Eskom tariff announcement sparks anger

The National Energy Regulator of SA’s (Nersa’s) decision on Eskom’s tariff increase application on Wednesday will, on average, double the price of electricity over the next three years. The announcement that Nersa was granting the power utility a 24,8% tariff increase for 2010, 25,8% for 2011, and 25,9% for 2012, aroused virulent anger with little [...]

When IT projects go bad

When IT projects go bad

Most reasonably sized companies are fundamentally dependent on IT for key functions, including procurement, sales, orders, stock control, invoicing and payroll. When these IT systems fail, crisis ensues

Exclusive Books to launch online e-book store

Electronic book readers, such as Amazon.com’s Kindle and Apple’s upcoming iPad, won’t kill physical book stores. But that doesn’t mean book stores don’t have to adapt to technological change. That’s the view of Avusa Retail MD Fred Withers, who says Exclusive Books, a subsidiary of media group Avusa, will have a catalogue of about 60 [...]

Gijima profits surge despite fall in sales

Gijima profits surge despite fall in sales

A decline in revenue was not enough to stop JSE-listed IT services group GijimaAst from reporting a 33% leap in normalised headline earnings per share in the six months to 31 December 2009. It has amassed R623m in cash and declared an interim maiden dividend of 2,5c/share. It’s a significant turnaround for an IT group that little more than five years ago was in dire financial straits

SA games developer courts international publishers

SA 3D animation studio Open-Reset is courting international publishers to publish its locally developed game, Bounty Arms, and has also entered into talks with local funders to back the development of the title. The studio last week released a 280MB PC demo for the upcoming game. Open-Reset is building Bounty Arms with the Unreal Engine [...]

SA satellite beams back first pictures

SA must never be shy to compete against the best countries in the world, said science & technology Minister Naledi Pandor after witnessing the first images from the Sumbandila satellite on Monday morning. “I’m excited that our nation is in space. We intend to use our minds and our resources to take a leadership position [...]

Nersa to announce Eskom hike decision

Nersa to announce Eskom hike decision

Nersa, the National Energy Regulator of SA, will announce its decision on Eskom’s tariff application on Wednesday. A media briefing will take place at noon in Pretoria at which Nersa will give its view on the “multi-year price determination” for the next three years. State-owned electricity utility Eskom has applied for a price increase of [...]

We’re not leaving, says MTN

MTN has denied it is considering moving its group head office to the Middle East. It has also denied it plans to delist from the JSE. On Friday, news website ITWeb reported that MTN may be planning to “move its group operations out of the country and eventually delist from the [JSE], leaving the local [...]

ZA Tech Show: Episode 100

ZA Tech Show: Episode 100

The ZA Tech Show turned 100 this week and we celebrated with our first-ever live broadcast — and some really expensive champagne. Join us as we discuss Mobile World Congress and much more

Bioshock 2: dial ‘R’ for Rapture

Bioshock 2: dial ‘R’ for Rapture

Few videogame sequels have had to fight as hard to justify their existence as Bioshock 2. The game is a follow-up to a wildly ambitious and imaginative title that many fans felt had no need for a direct sequel. What’s more, it was put together without the guiding hand of the original’s celebrated designer, Ken [...]

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