Paratus Namibia raises capital through rights issue

Paratus Namibia has raised N$50-million to continue with its aggressive infrastructure rollout in Namibia. As part of a rights issue transaction, Nimbus Infrastructure Limited has subscribed for 24 398 ordinary shares to be issued from the authorised shares of Paratus...

Lenovo jumps 28 spots on 2019 Fortune Global 500 list

Fortune has ranked Lenovo at number 212 in this year’s Fortune Global 500 list of the world’s largest companies by revenue, up from number 240 on the 2018 annual list. Jumping 28 spots in the rankings, Lenovo’s $51-billion in annual revenue puts the...

New GM for ITBusiness

ITBusiness (ITB), part of the Knowledge Integration Dynamics (KID) group, has appointed Chris Pallikarides as its new GM with effect from 1 July this year. With a 14-year background in the IT sector, Pallikarides has worked at companies such as tdglobal, Axiz and...

Altron Karabina appoints Western Cape lead

Microsoft technology partner, Altron Karabina has appointed Marc Fletcher as its new territory lead for the Western Cape. Fletcher joined the company in 2017 in a business development role and has been focused on growing the Western Cape’s data, planning and...

Fujitsu earns overall positive vendor rating

Fujitsu has received a Positive vendor rating1 this year from Gartner in a newly-published report. Fujitsu earned its Positive ratings in the core categories of Product/Service, Support/Account Management, Pricing Structure and Strategy. Takahito Tokita, president and...

New managing executive for Internet Solutions

Dr Setumo Mohapi has been named as Internet Solutions managing executive, succeeding Saki Missaikos who has been appointed as chief strategy and go-to-market executive for Dimension Data. Missaikos comments: “Setumo has deep knowledge and insight of both the ICT...