The company has settled a R4.5 million claim from a former director out of court.
The bid to bail out the company has failed and it is set to be put into final liquidation next month.
In today's technology roundup: Cyberspace 'isn't a place', UK mobile companies invest |--gbp--|400m in 3G, Web hit by hi-tech crime wave, and are police texts protected?
In this World Wide Wrap: Verizon patent suit unsuccessful, Toshiba eyes Irish VOIP market, BlackBerry gets 3G VOIP
In this World Wide Wrap: Gamers unknowingly sell their souls, Web coupons raise privacy concerns, and online retailers to drop refund charges.
In this World Wide Wrap: Intel touts personal energy management, Google pans green DC rules, and app offers home energy audit.
ITWeb Governance, Risk & Compliance FEB 2025
Aligning GRC with Business Innovation and Agility
Eclipse Networks may yet be saved, as the liquidators look into which contracts can be carried over.
ICASA can work when it puts its mind to it, say political parties.
Telkom is being called to consult with unions before offering voluntary packages.
The bourse points out that IFCA made a loss in the last financial year.
In today's technology roundup: Apple moves into business sector, botnet takedowns fail to stem spam tide, infected XP owners left unpatched, and DOJ abandons Yahoo fight.
Car insurance companies are under pressure to pay out for claims they cannot get reimbursed for, says www.Carandhomeinsurance.co.za.
Identity and access management adoption shouldn't be pushed by law, but rather by the pain of loss.