Author: Gugu Lourie

BT Group has announced the appointment of Rob Shuter as CEO of its Enterprise unit and as a member of BT’s Executive Committee.   Shuter is currently CEO at MTN Group, Africa and the Middle East’s largest mobile phone company with 250 million customers across 21 countries. Prior to joining MTN, he served as CEO of Vodafone’s European Cluster as well as being CEO of Vodafone Netherlands. “MTN notes the announcement issued today by BT Group Plc that Rob has been appointed as the CEO of BT Enterprise,” MTN informed investors on Friday. “Rob will relocate to the UK and…

Streaming wars are well underway. Netflix, ShowMax, Prime Video, VIU and others are all vying for our attention. South Africa’s public broadcaster SABC might also join the fray by streaming its content. So one wonders which streaming service is popular in South Africa. According to the latest figures from JustWatch, an international streaming guide with more than 20 million users, Netflix has the highest market share in South Africa. Netflix is followed by Showmax, which is worth mentioning, as in most other countries of the world, Prime Video occupies second place after Netflix. Streaming charts in Q2 2020 Market share development…

The Independent Communications Authority of SA (ICASA) refuted allegations that it is delaying the commencement of commercial TV White Space (TVWS). The Black Information Technology Forum (BITF) announced on Wednesday that it has resolved to launch an urgent legal process to challenge ICASA’s decision to delay commencement of commercial TV White Space (TVWS) in court. The BITF said it wanted to expose any individual at ICASA and their external handlers that are using public resources to sabotage progressive transformational government programs meant to save lives during the COVID- 19 disaster period and assist rural economy recovery beyond the COVID-19 period.…

Over the past 30 years, information technologies have advanced rapidly, making people’s lives and work much easier. The COVID-19 pandemic has revealed though that digital infrastructure has not kept pace with technological developments. According to the ITU, over half of the world’s population still does not have Internet access nor access to other digital technologies. As economies across countries slow, governments grow increasingly concerned with economic recovery strategies. “We envision a more connected, intelligent, and innovative future,” said Catherine Chen, Huawei corporate senior vice president and director of the board. “Above all else, we must ensure this is an inclusive,…

Lobby group the Black Information Technology Forum (BITF) is taking the country’s communications regulator ICASA to court. “The BITF has resolved to launch an urgent legal process to challenge ICASA’s decision to delay commencement of commercial TV White Space (TVWS) in court and expose any individual at ICASA and their external handlers that are using public resources to sabotage progressive transformational government programs meant to save lives during the COVID- 19 disaster period and assist rural economy recovery beyond the COVID-19 period,” BITF said in a statement on Wednesday. The BITF is a national non-profit organisation which represents previously disadvantaged…

The Dutch arm of South African internet titan Naspers, Prosus raised R32.8 billion ($2 billion) in a bond offering on Tuesday. The company said the funds would be used for general corporate purposes, including potential future mergers and acquisitions activity, and to further augment the company’s liquidity position. The company said in a statement that the offerings attracted strong investor demand, with US dollar notes more than seven times subscribed and euro debut notes more than eleven times subscribed on the eight year notes and twelve times subscribed on the twelve year notes. “It is expected that this financing will…

The Johannesburg Stock Exchange (JSE) on Wednesday said it would impose a public censure and fine of R7.5 million on struggling tech firm EOH Group due to non-compliance with its listing requirements. “EOH’s previously published financial information for the periods 2017 to 2018 did not comply with IFRS and was incorrect, false and misleading in material aspects and this incorrect information was disseminated to shareholders, the JSE and the investing public,”  the JSE said in a statement. “For these reasons and with reference to the JSE’s findings of breach, the JSE has decided to impose a public censure and the…

Anushka Bogdanov, the lead independent non-executive director of EOH and chairperson of the Social and Ethics Committee, has resigned from the board of the company. Bogdanov resigned from the board of directors of EOH with immediate effect. “A process to appoint a new lead independent non-executive director and chairperson of the Social & Ethics Committee is underway and shareholders will be advised of such appointments in due course,” EOH said in a statement. “The board of directors of EOH would like to thank Ms Bogdanov for her contribution to EOH over the past year and wishes her well in her…

5G – the fifth-generation wireless network – is about astounding speeds and almost zero latency – the lag time between when your phone pings the network and when it responds. After years of anticipation and a considerable amount of hype, 5G is finally in South Africa. With 5G you can download movies in seconds and YouTube clips instantly plus experience lag-free real-time gaming. MTN recently launched its 5G network with 100 sites in Johannesburg and Cape Town, as well as Bloemfontein and Port Elizabeth. The launch was made possible, in part, by the recent allocation of temporary spectrum by the…

The rapid roll-out of more online food shopping capacity has helped South Africa’s retailer Woolworths report soaring sales over the lockdown period. The South African government has announced a national lockdown that requires the closure of non-essential businesses between 27 March 2020 and 16 April 2020 and has implemented various regulations and directives which have impacted the way Woolworths does business. The country is currently on lockdown at level 3. South Africa began easing restrictions at the beginning of May 2020. “Woolworths Food continued its positive momentum into the last nine weeks of H2, growing sales by 16.1%, as the…