The new sites form part of Vodacom’s Rural Coverage Acceleration Programme and will be rolled out in 11 district municipalities.
Amid declining revenues and subscribers, the deal brings scale, tech synergies and long-term sustainability, says CFO Tim Jacobs.
Professor Busani Ngcaweni, principal of the National School of Government, supports reforms that give departments IT procurement powers.
The South African Revenue Service says its arsenal of artificial intelligence and advanced data analysis tools are sufficient to catch tax-dodgers.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
For the year ended 31 March, the DStv parent company’s linear subscribers were down 1.2 million, or 8% year-on-year, to 14.5 million active subscribers.
For its 40.5% shareholding in Telkom, the government of South Africa will receive in excess of half a billion rand.
The agency has 720 vacant posts, financial constraints and inadequate ICT infrastructure, says statistician-general Risenga Maluleke.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
MyNextCar raises $10 million from Emso Asset Management, with the support of Bolt, Assemble Capital and E2 Investments.
For the year ended 31 March, Telkom’s group EBITDA surged by 25.1% to R11.8 billion, while group revenue rose by 3.3% to R43.9 billion.
The TFG-owned “mall in your pocket” Bash digital platform breaks even two years ahead of forecast.
As Bitcoin stretches towards breaking its previous record high of $112 000, a stronger rand weakens some of the crypto-currency’s gains.