Business

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Telkom acting CEO to leave in March

Telkom acting CEO to leave in March

Telkom acting CEO Jeffrey Hedberg set to leave the company at the end of March

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New SITA CEO welcomed

New SITA CEO welcomed

Public Service and Administration Minister, Richard Baloyi, has welcomed the appointment of Blake Mosley-Lefatola as the CEO for the State Information Technology Agency (SITA).

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New CEO for LG Electronics South Africa

New CEO for LG Electronics South Africa

LG Electronics South Africa has appointed a new CEO, Mr. J.M Lee, as part of a global restructuring of the international group’s operations aimed at boosting sales, driving innovation and reducing costs.

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MySpace slashes staff

MySpace slashes staff

Struggling entertainment site MySpace said Tuesday that it is cutting nearly half of its staff worldwide, or about 500 people, after an extensive revamp in October overhauled its look and allowed it to be run with fewer people.

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Groupon coming to South Africa

Groupon coming to South Africa

The popular discount coupon site, Groupon, has set its sights on the South African market with the acquisition of a local online business

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PC, Mobile phone sales to drop

PC, Mobile phone sales to drop

Sales of personal computers and mobile phones are expected to decline worldwide this year, according to a survey.

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Is Facebook really worth $50-billion?

Is Facebook really worth $50-billion?

We're pretty used to hearing outlandish valuations on internet companies that, if they were people, would be barely out of nappies.

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Samsung sees record sales

Samsung sees record sales

Samsung Electronics said Friday that both sales and operating profit likely rose to record highs in 2010 despite sluggishness at the end of the year amid lower prices for televisions and semiconductors.

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Best and worst jobs of 2011: The nerds strike back

Best and worst jobs of 2011: The nerds strike back

This year's Jobs Rated report from CareerCast lists the top 10 best and worst jobs for the year, and nerds have reason to rejoice

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US rule likely to trigger Facebook IPO in 2012

US rule likely to trigger Facebook IPO in 2012

With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders.

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