Maziv, the company that owns Vumatel and Dark Fibre Africa, plans to spend R12-billion over the next five years as its ramps its deployment of fibre infrastructure across South Africa. Poised for a big injection of cash and assets from Vodacom, which is buying a 30% co-controlling stake in the business, it has unveiled big…
Dado Ruvic/Reuters US President Donald Trump is injecting nearly US$9-billion into Intel in exchange for a 9.9% equity stake. But the money — which the struggling chip maker was slated to receive anyway under a federal funding act — will not be enough for its contract chip-making business to flourish, analysts said. What Intel needs…
Brendan McDermid/Reuters Google has unveiled a new line-up of Pixel smartphones and gadgets, intensifying its efforts to embed artificial intelligence across a wide ecosystem of products. The products were launched at the annual “Made by Google” event held in New York that diverged from its typical format to emphasise mainstream consumer appeal over technical details….
Alan Knott-Craig’s new fibre internet business, Fibertime, has been flying below the radar for some time now, but the serial telecommunications entrepreneur has finally unpacked his plans for the business. Speaking to the TechCentral Show this week, Knott-Craig – who has led a range of well-known tech and telecoms businesses, including Mxit, World of Avatar,…
Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…
South Africa has over 2.5 million small, medium and micro enterprises (SMMEs), employing nearly 10 million people. Yet, many of these businesses are still viewed by corporates through the narrow lens of CSI or supplier development compliance. What if we have it backwards? What if it is big business that can no longer afford to…
The production process that Intel hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, high-margin chips is facing a big hurdle on quality as it puts newer technologies to the test, two people briefed on the matter have said. For months, Intel has promised investors it would…
After weeks of tense negotiations between their top trade officials, the European Union and US have finally struck a framework deal – and it comes on the eve of America’s latest round of tariff talks with China. Ultimately it took leaders from Washington and Brussels to sit down face to face to reach Sunday’s agreement….
The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by London-listed Groupe Canal+, removing a major hurdle to their deal being consummated. The tribunal approved the proposed transaction, subject to conditions agreed earlier this year by the merging parties. “As was previously disclosed, the agreed conditions include a robust package of guaranteed…
The author, Change Logic director Anton Hingeston Businesses are spending substantially on new systems and change projects only to find their triple bottom line isn’t moving. Change management, once a vital discipline to guide organisations through complex transformations, has now become a buzzword that is used to tick boxes. How did we get here? Large…
