Blue Label earnings decline, but core businesses doing well

JSE-listed Blue Label on Wednesday posted a decline in core headline earnings per share (HEPS) from 121.01c apiece in 2022 to 45.55c a share in the 2023 financial year. While consistent growth was... 

Emfuleni Section 63 intervention bearing fruit

The Department of Water and Sanitation’s (DWS’s) Section 63 intervention projects in the Emfuleni local municipality are making progress, says Water and Sanitation Minister Senzo Mchunu. Visiting... 

South Africa 'missed the boat' on some localisation opportunities, but higher value industries can be pursued

The latest research from policy research entity Trade and Industrial Policy Strategies (TIPS) reveals that, for the first time since the start of the Covid-19 pandemic, exports declined while... 

Constant reinvention key for businesses to stay ahead of the curve in rapidly evolving digital era – Accenture

In the rapidly evolving digital era, companies not only need to undertake digital transformation, but it is becoming increasingly critical for companies to become constant reinventors of every part... 

Progress made on North West reservoir project, with completion expected in June next year

Progress is being made on the construction of the third phase of the multi-phased Moretele South bulk water supply scheme project, in the North West, which started in June 2023, with completion... 

Payment24 expands into new industries and regions

As South African specialised payment solutions firm Payment24 continues to expand into new regions, while adding products and solutions to its portfolio, it is also branching out into other... 

South Africa’s nonrevenue water rising to worrying levels

South Africa’s nonrevenue water (NRW) is rising to unsustainable levels, with nearly half the water piped through the country’s infrastructure being lost through leaks, theft or nonpayment.... 

South Africa’s nonrevenue water rising to worrying levels

South Africa’s nonrevenue water (NRW) is rising to unsustainable levels, with nearly half the water piped through the country’s infrastructure being lost through leaks, theft or nonpayment.... 

New Water Tribunal members appointed

Nine members for South Africa’s new Water Tribunal have been appointed. The Water Tribunal is an independent body formed to hear water-related appeals against the Department of Water and Sanitation... 

DBSA’s Johann Lubbe to lead the newly established Water Partnership Office

Former Development Bank of Southern Africa (DBSA) Project Preparation Unit disruption specialist Johann Lubbe has been appointed as the head of South Africa’s first Water Partnership Office (WPO),... 

DWS assures seamless proto-CMA transition to the Vaal-Orange CMA

The Department of Water and Sanitation (DWS) says that the transition of the proto-Catchment Management Agency (proto-CMA) to the Vaal-Orange CMA will be seamless. This followed a meeting, on... 

SAP, partners launch Africa’s first AppHaus in South Africa

Africa’s first AppHaus, forming part of a community of global locations driven by software company SAP and its partners to ensure that creative spaces and innovation services are available to... 

MTN outlines plans to build fibre networks on the continent

Telecommunications group MTN has ambitious plans to “wire” Africa with fibre, building what it calls a “fibre railroad” and establishing fibre companies (fibreco’s) in every region it operates to... 

Rand Water, South African Green Industries Council in joint effort to conserve water

Rand Water and the South African Green Industries Council (SAGIC) are undertaking joint – and individual – water conservation efforts to reduce the traditional spike in water use in spring and... 

MTN, Mastercard sign MoU for fintech business

As telecommunications giant MTN continues implementing its Ambition 2025 strategy, it has entered into commercial agreements with Mastercard to support the acceleration and growth of the fintech... 

DCDT, Huawei partner to help SA reach its ICT development goals

The Department of Communications and Digital Technologies (DCDT) and information and communications technology (ICT) group Huawei have partnered to accelerate South Africa’s ICT development... 

Condra supplies overhead crane to Angolan mine

Crane manufacturer Condra Cranes has manufactured and commissioned an overhead crane for a mine in Angola. The overhead crane is assisting with the construction, in a project managed by specialist... 

IoT can help businesses, households streamline energy consumption – Vodacom Business subsidiary

While the Internet of Things (IoT) is well known for its capabilities in bridging the physical and digital worlds and improving the running of industry and homes, its capacity for energy... 

Liquid Dataport’s Equiano cable seeing surge of activity as multiple subsea cables break

Pan-African technology group Liquid Intelligent Technologies business Liquid Dataport has reported a surge of Internet traffic on its new West Coast cable Equiano after a break across multiple... 

Vodacom to show fibre deal’s strong public interest, pro-competitive advantages

Telecommunications group Vodacom intends to showcase the strong public interest and pro-competitive advantages that its proposed transaction will have on the fibre market, and the country as a... 

Second edition of TCS Sustainathon South Africa to tackle sustainable water and sanitation

The second edition of TCS Sustainathon South Africa has been launched under the theme ‘Sustainable Water and Sanitation Management’, encouraging entrants to develop solutions for the country’s... 

Africa to be fastest-growing fintech region as global industry grows to $1.5tr by 2030

Emerging economies are leading the way as financial technology (fintech) gains momentum, with global revenues set to surge sixfold from $245-billion to $1.5-trillion by 2030, a new report released... 

Technology group 4Sight bounces back after tough period

After a period of instability, Alt-X-listed 4Sight has turned its fortunes around, successfully navigating through the Covid-19 pandemic-linked lockdowns and restrictions, and ultimately delivering... 

Vodacom investing more than R500m to expand connectivity in Eastern Cape rural areas, townships

Telecommunications group Vodacom Eastern Cape region is injecting more than R500-million to expand connectivity in deep rural areas and townships that had no connectivity before. The bulk of the... 

Helios Towers posts double-digit H1 increases

Independent telecommunications infrastructure company Helios Towers on Thursday posted double-digit increases across earnings before interest, tax, depreciation and amortisation (Ebitda), operating... 

Potsdam wastewater works upgrade breaks ground

Construction on the Potsdam wastewater treatment works (WWTW) upgrade, the Western Cape’s second largest infrastructure project, has started. The R5.2-billion upgrade, which will double the plant’s... 

Township ISP TooMuchWifi connects three more communities

Cape Town-based township Internet service provider TooMuchWifi has expanded its operations in the Western Cape province to bring affordable and reliable Internet connectivity to three communities.... 

Telkom Q1 revenue increases, as legacy, loadshedding impacts Ebitda

JSE-listed Telkom has posted a 4.2% decline in group earnings before tax, depreciation and amortisation (Ebidta) for the first quarter of the 2024 financial year amid the continued decline of... 

MTN, JRA partner to alleviate loadshedding traffic delays

JSE-listed MTN and the Johannesburg Roads Agency (JRA) have partnered to ensure traffic lights near the telecommunications group’s base stations are operational during loadshedding. MTN is now... 

Competition Commission publishes final platforms market report

The Competition Commission on Monday published wide-ranging remedial actions for Google, Apple, Takealot and food delivery applications, such as Uber Eats and Mr D Food, besides others, to level... 

Department outlines pre-emptive measures amid forecasts of deteriorating water supply

While South Africa is currently in balance nationally in terms of water supply and demand, albeit with localised – and, in some cases, severe – deficits, this could change rapidly. The country... 

Gauteng govt vows to use ‘every technology available’ in fight against crime

South Africa’s economic hub is “going high-tech” to combat the country’s number one enemy: crime, avers Gauteng Premier Panyaza Lesufi. No stone must be left unturned and every technology available... 

MTN’s MoMo platform notches up eight million subscribers in four years

Telecommunications group MTN’s Mobile Money (MoMo) platform has reached eight-million subscribers four years after its launch as South Africans increasingly seek alternatives to traditional... 

‘Muela power station’s Unit 1 returns to service after repairs

The Lesotho Highlands Development Authority (LHDA) on Wednesday said that Unit 1 of the ‘Muela power station has returned to service following a successful restoration. The unit, which experienced... 

Altron to report decrease in interim group earnings

JSE-listed Altron on Wednesday said that it expects a double-digit decline in group earnings during the six months ended August 31, 2023, as it streamlines two noncore operations. In an operational... 

Fedhasa calls for government intervention as water crisis batters KwaZulu-Natal South Coast tourism

The ongoing water crisis on the South Coast of KwaZulu-Natal is significantly impacting the region’s travel, tourism and hospitality industry. As municipal authorities struggle to provide a... 

Cell C positioned well in evolving industry

Digital lifestyle group Cell C has the best of both worlds, as it effectively evolves from a telecommunications operator to a digital lifestyle technology company, says Cell C CEO Jorge Mendes.... 

Vodacom revenue surges in Q1, boosted by Vodafone Egypt acquisition

Telecommunications giant Vodacom on Friday posted a double-digit increase in group revenue and service revenue for the quarter ended June 30, 2023. Group revenue increased 36.9% to R35.7-billion,... 

Digital technologyʼs role in education in sub-Saharan Africa

Digital technologies and connectivity can play a critical role in improving African education systems, but only if the right support mechanisms and policies are in place, research by Vodacom Group,... 

ICT infrastructure roll-out a top priority, says DCDT as Gauteng govt outlines ‘digital hub’ ambitions

As the world explores the post-fifth generation (5G) environment, Africa and other developing regions continue to lag behind in the adoption of digital technologies and the narrowing of the digital...