MyBroadband is South Africa's biggest and best IT news website, covering the latest international and local IT and tech news.
Efforts to revive the country’s sluggish economy and create much-needed employment are set to receive a major shot in the arm with the launch of Mara Phone’s first cellphone manufacturing plant in South Africa.
Posted: October 15, 2019, 1:39 pm
EOH Holdings published an update on the investigation into suspicious transactions at the company alongside its annual results for the year ended 31 July 2019.
Posted: October 15, 2019, 7:18 am
WeWork’s bankers are pitching investors on what would be one of the riskiest junk-debt offerings in recent years -- potentially giving the venture’s top private shareholders a final chance to avoid having their stakes severely diluted.
Posted: October 15, 2019, 4:59 am
In his latest bid to reduce losses at Uber, Dara Khosrowshahi fired about 350 employees, in what he said is the “last wave” of workforce reductions.
Posted: October 15, 2019, 3:20 am
The executive mayor of the City of Ekurhuleni said South Africa must close down the Durban Harbour “to get our full independence from Western Imperialists”.
Posted: October 14, 2019, 3:01 pm
EOH Holdings informed its shareholders in a statement on Friday that the company's black empowerment partner, Lebashe Investment Group, will not subscribe for a further R250-million tranche in the company.
Posted: October 14, 2019, 11:50 am
WeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp., according to a person familiar with the matter, one of two main options to rescue the once high-flying startup.
Posted: October 14, 2019, 5:04 am
Wits University’s Joburg Centre for Software Engineering (JCSE) and the Information Technology Professionals South Africa (IITPSA) have revealed a new study looking at South Africa’s IT industry.
Posted: October 12, 2019, 1:30 pm
WeWork has published rates for its South African office spaces, with prices varying depending on location and membership plan.
Posted: October 11, 2019, 7:02 am
Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.
Posted: October 11, 2019, 5:11 am
Cell C has put core parts of the business up for sale as it struggles with R9 billion of debt and deepening losses.
Posted: October 10, 2019, 5:17 pm
France’s finance minister said he doesn’t want the European Union to become the latest front in the global trade war, but that the bloc would hit the U.S. with sanctions if a settlement isn’t reached in a long-running dispute over aircraft aid.
Posted: October 10, 2019, 12:44 pm
Amazon.com Inc.’s top spokesman Jay Carney criticized the administration of President Donald Trump on Wednesday, questioning the patriotism and honesty of the current White House.
Posted: October 10, 2019, 5:17 am
Samsung plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals.
Posted: October 10, 2019, 4:57 am
PayPal Holdings Inc. will report a $228 million loss on investments before taxes in the third quarter, driven in large part by a bad bet on Uber Technologies Inc. just before it went public.
Posted: October 9, 2019, 3:14 pm