Cell C’s largest shareholder, Blue Label Telecoms, on Monday announced that an agreement has been reached on a major restructuring involving the mobile operator ahead of its likely (but still not confirmed) listing on the JSE in 2026. “The pre-listing restructuring encompasses various transactions aimed at optimising Cell C’s capital structure and balance sheet in…
The Technology Innovation Agency and Sedfa commit to invest in SA’s start-up and SMME ecosystem. Two entities of the departments of small business and science and technology have joined forces, to create a more integrated and supportive environment for innovators and small, micro and medium enterprises (SMMEs) across SA. The memorandum of understanding (MOU), signed…
Nedbank is the latest non-telecommunication brand to enter the mobile market, launching an MVNO – or mobile virtual network operator. Nedbank Connect has partnered with MTN South Africa to provide the service to its clients and is offering aggressively priced data and voice plans. The build-your-own plan feature enables custom combinations of data, minutes and…
Public sector procurement preference this week turned to low-value, quick-win quotation requests. Activity on National Treasury’s eTenders Portal remains high this week; however, public sector procurement preference has now turned towards low-value, quick-win quotation requests. Nevertheless, the ICT sector will be pleased to see that national government departments are once again considering their technology requirements,…
The rate of banking sector-related contact crimes such as branch-before-deposit and ATM-after-withdrawal robberies are in sharp decline as criminals find higher rates of success through digital means to defraud people. According to the South African Banking Risk Information Centre’s (Sabric’s) Annual Crime Statistics 2024 report, robberies dropped 35% year on year in 2024, with associated…
Third-year students pursuing a degree in IT and computers are invited to apply for the Amazon (Software Development Engineer) Recruitment Bursary, for the 2026 academic year. Bursaries will be awarded for studies related to the following fields (Undergraduate and Honours): Artificial Intelligence Computer Engineering Computer Science Data Science Information Systems Information Technology Machine Learning Software…
WiTechnology officially launched its digital marketplace platform in Midrand last week, bringing together female entrepreneurs, corporates and government partners to strengthen gender equity and inclusivity in the technology sector. The digital platform was unveiled during the second WiTechnology Summit. It aims to enable women-led small and medium enterprises (SMMEs) to connect with corporates, access funding…
Most of South Africa’s five largest banks are increasing their spend on IT – excluding staff costs – in single-digit percentages, their most recent full-year financial results show. However, Capitec – although not the biggest spender in absolute terms – bucked the industry trend by increasing its spend by 32% year on year for the…
ITWeb contributor Phillip de Wet. As an enterprise buyer, there are occasional windows of opportunity to lay in some IT products and services ahead of drought, or price spikes. We mostly get to see those in retrospect, the way we now know that early 2022 would have been an excellent time to stock up on…
The author, Business Leadership South Africa CEO Busi Mavuso There is surely no greater sign of the urgent need for reform of the electricity sector than the way Eskom’s electricity tariffs are set. The whole system is far from the way prices should be set – through a competitive market in which firms aim to…
