The week in review

Pravin Gordhan At Home
Foneworx Holdings’ earnings were flat in the first half of the year, because of the negative impact of the 2010 Soccer World Cup on sales at two of its subsidiaries. For the six months to December, revenue improved marginally by 0.9%, to R46.2 million, and gross profit dropped 5.6%, from R28.8 million to R27.2 million. Foneworx says the drop is due to higher sales costs at MediaWorx. - ITWeb

AT HOME

RYAN SILBERMAN, chief operating officer of Popimedia, says local consumers are spending more time and effort to take their lives onto social platforms, while businesses are taking the plunge, as they start to understand social media marketing possibilities. "We believe that the rapid pace of technology innovation is feeding the social media frenzy and it is becoming easier for people to have real-time conversations with their networks on any platform." - ITWeb

Craig Young

AT HOME

FOURTH mobile operator 8ta is testing BlackBerry smartphones on its network and will likely be ready with an offering early next year. The operator is also in discussions with Apple to offer its iPhone smartphone range, but was unable to give any details at this point, as it is bound by a strict non-disclosure agreement.

AT HOME

South African amateur filmmaker Kjell Bismeyer's clip entitled "Elephants swimming by moonlight" has a secured a spot in the YouTube full-length film called "Life in a Day". The film, spearheaded by Google's YouTube, is a cinematic experiment that has collected over 4 500 hours of footage sent from thousands of people in 192 countries.

AT HOME

THE SA Post Office (SAPO) will issue tenders to the value of R249 million before the end of the financial year in March 2011, to upgrade its IT network infrastructure. The tenders are part of the state-owned entity's plans to diversify its business streams in the face of difficult economic times. IT now makes up 52% of the Post Office's annual capital expenditure of R500 million. - ITWeb

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