The group executive chairman disposes of his shares as the company awaits for new CEO and group president, Rob Shuter, to take over.
The empowerment scheme raises the cash through the placing of over 21 million shares at a price of R110.50 per share.
The five new BackBeat FIT colours will be available in SA from December 2016.
With fibre as a primary line, and wireless or ADSL as a back-up, if the fibre line goes down, the ADSL or wireless line will automatically take over.
We round up trends from across the globe that had us scratching our heads.
The global alternative asset manager will acquire a majority share in the SA-headquartered managed connectivity solutions provider.
The Universal Service and Access Agency of SA initiates roll out of broadband in an Eastern Cape district municipality.
ITWeb events asked Willie Strydom, IT security problem solver at FNB, about how secure the cloud is, and how susceptible it is to theft, corruption or loss.
It will be conducting test runs of aspects of 5G using the 4G network in SA over the next three years in advance of full rollout of the technology in 2020.
The market for used and refurbished smartphones has witnessed rapid growth over the past several years, due to trade-in and buyback programmes, says IDC.
Several market analyst firms forecast the continent will make gigantic leaps in the number of subscriptions and data traffic.