Shoks Mzolo

Guest Author

New year may bring lower phone bills

While 2005 brought deregulation and the licensing of the second national operator, South African telecommunications users are set to experience tariff reductions as a result of regulatory changes and increased competition for fixed-line, mobile and data operators in 2006.

Vodafone buys 1% in Venfin on open market

London-headquartered Vodafone on Thursday purchased 1,03% in VenFin's issued share capital for R213,9-million in open-market transactions, the cellular giant disclosed to the JSE on Friday. Vodafone acquired 4,6-million VenFin shares in 18 deals for amounts ranging from R44,75 to R46,60 per share.

Cell C enters pricing fray

While describing its rates as "some of the lowest", Saudi-owned Cell C has entered the cellular-pricing fray by enhancing its "Friends and Family" product to provide its customers with the lowest tariffs in the market. Cell C's enhanced offering follows Vodacom's and MTN's recent price-cutting moves.

Altech posts rise in earnings

South African information and communications technology company Allied Technologies (Altech) posted a 15,3% rise in headline earnings per share to 181 cents for the six-month period ended August this year, from 157 cents reported a year earlier. Revenue jumped by 11% to R2,933-billion.

Govt IT agency boosts profit

The South African government-owned State Information Technology Agency's net profit after tax for the period ended March this year jumped by 69% to R59,303-million from R35,085-million reported previously, Sita CEO Mavuso Msimang said on Friday. Revenue grew by 14,5% to R2,636-billion.

Union hails Icasa hearings on cellphone handsets

The Communication Workers' Union on Thursday welcomed the Independent Communication Authority of South Africa's (Icasa) public hearings aimed at regulating the subsidisation of cellphone handsets. Addressing the Icasa panel, Cell C and MTN representatives said they support the removal of subsidies.

Results send Telkom on all-time high

Shares in telecommunications group Telkom rose to a lifetime high of R119 per share on Monday after the firm announced its financial results for the year ended March 2005. Telkom reported a 53% rise in basic earnings per share to 1241,8 cents, from last year's 812 cents.

MTN shares on the move

Shares in mobile service provider MTN Group collected 4,19% in Friday's early session on the JSE Securities Exchange (JSE), where it was among the most active shares by value and number of shares traded. Traders attributed the surge to a renewed interest by foreigners.

Press Releases

Request for Quotation for Benguela Current Convention Secretariat

A chartered aircraft for an aerial survey and counting software for cape fur seals and seabirds in Angola, Namibia and South Africa is required

Fifteen additional speakers for SingularityU SA Online Summit 2020

SingularityU hosts global line-up with an extra 15 speakers to address thought-provoking topics to help solve the world's grand challenges

Recyling water and waste management

One solution to South Africa's water shortage is to install infrastructure that will save rainwater from run-off into the stormwater system

Covid-19 and CVD: The heart in the time of crisis

The pandemic has been a time of great humility for health workers and tactics have had to be changed if they weren’t working

POPIA: it’s not as scary as you think

Companies that get proactive about compliance are creating huge strategic advantages for themselves — they are able to reduce operational costs

CUT declared as medium risk

‘Our major challenge at the university is the access to appropriate technology and internet connectivity for our students’

Headline Speakers announced for SingularityU SA Online Summit 2020

SingularityU announces multi-national line up with world-renowned speakers addressing ground-breaking topics to solve the global grand challenges

JSE lists two new global ETFs

'Impact investing has become increasingly topical and for us to provide investors with access to sustainable investment options is a key focus'

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