Lenovo doubles year-on-year income

Lenovo has announced group revenue in the first quarter reached $12,5-billion, the eighth consecutive quarter of growth. Pre-tax income more than doubled year-on-year, growing by $127-million to reach $240-million. Net income also more than doubled, up $85-million to...

Seed funding for financial inclusion start-up uKheshe

10 months since launching its financial inclusion platform, fintech company uKheshe has announced the completion of its first seed investment round. Initially under incubation as a CSI initiative within software development house Jini.Guru, uKheshe has successfully...

FuseForward appoints new MD in SA

International cloud solutions and managed services provider FuseForward has announced the appointment of a new MD for its South African operations. IT industry stalwart Premie Naicker has taken up the post, and will be helping to grow FuseForward’s footprint in...

Ricoh completes DocuWare acquisition

Ricoh has completed its acquisition of content services software business DocuWare. DocuWare, which has headquarters in both Germany and the US, provides cloud and on-premise document management and workflow automation software. David Mills, corporate senior...

Blue Label Ventures invests in Mobii Systems

Blue Label Ventures, the venture capital and private equity arm of JSE-listed Blue Label Telecoms, has invested in Cape Town-based technology startup Mobii Systems, a deal that will see Blue Label take up 26% of Mobii. “Blue Label Ventures identifies and invests...

Boost for African online travel

South African travel booking platform Travelcheck.co.za is optimistic about growth in the local online travel market, and CEO Odette Faling believes conditions are primed for new entrants to make their mark in an industry by creating new ways of booking such as...