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Telkom reduced the line rental cost of its mid-tier 1Mbps ADSL product by 11,3% to R289/month (from R326/month) last week. The broadband line rental for 384kbps and 4Mbps users will remain the same. But don’t get too excited: Telkom is raising its basic line rental broadband users have to pay by 5% from 1 August. Residential customers will now be charged R139,97/month and business customers R191,84/month/line. So with the exception of users on the 1Mbps service, fixed-line broadband subscribers will have to pay more for the service.
INTEL CAPITAL, chip maker Intel’s investment business, is planning to invest US$5m in South African technology group ALTECH. It will be Intel Capital’s first investment in SA. Director Samuel Mensah says the deal will allow Intel Capital access to a continent with 1bn people spanning 54 countries. The investment is made up of a convertible, three-year debt instrument. However, the deal won’t be finalised until Altech’s shareholders meet on 20 July.
CORRECTIONAL SERVICES is contemplating electronically tagging inmates to reduce SA’s prison population. National Commissioner Tom Monyane says SA has the ninth most overcrowded prisons in the world, with an exceptionally high rate of remand prisoners. Monyane says the cost of a tagging programme can only be determined once it’s been properly researched.
Greenpeace activists dumped three truck loads of coal in front of ESKOM’S headquarters to protest against what it called its lack of commitment to green energy. Strangely, Eskom didn’t seem fazed and is moving forward with the construction of two new coal-fired power stations, the 4 800MW Kusile plant and the 4 788MW Medupi plant. It now has an extra three truckloads of coal to work with.
INTEL CAPITAL, chip maker Intel’s investment business, is planning to invest US$5m in South African technology group ALTECH. It will be Intel Capital’s first investment in SA. Director Samuel Mensah says the deal will allow Intel Capital access to a continent with 1bn people spanning 54 countries. The investment is made up of a convertible, three-year debt instrument. However, the deal won’t be finalised until Altech’s shareholders meet on 20 July.
CORRECTIONAL SERVICES is contemplating electronically tagging inmates to reduce SA’s prison population. National Commissioner Tom Monyane says SA has the ninth most overcrowded prisons in the world, with an exceptionally high rate of remand prisoners. Monyane says the cost of a tagging programme can only be determined once it’s been properly researched.
Greenpeace activists dumped three truck loads of coal in front of ESKOM’S headquarters to protest against what it called its lack of commitment to green energy. Strangely, Eskom didn’t seem fazed and is moving forward with the construction of two new coal-fired power stations, the 4 800MW Kusile plant and the 4 788MW Medupi plant. It now has an extra three truckloads of coal to work with.
