Cartrack raises R510m capital
Leading fleet management, stolen vehicle recovery and insurance telematics group, Cartrack Holdings Limited, has successfully raised R510-million in a private placement of 60-million shares at an issue price of 850 cents per share. This translates into a market...FTSE4Good recognises Ricoh
Ricoh has made the FTSE4Good Index Series for the eleventh consecutive year. FTSE4Good measures corporate responsibility and facilitates investment in those that meet globally recognised standards. Those standards demand stringent criteria for environmental, social...Dell enhances security portfolio
At the Dell Enterprise Forum customer and partner event, Dell showcased new security services and solutions that further expand its security portfolio. With the new offerings, businesses can defend all technology touch points to better safeguard the corporate network, critical data and devices while enabling employee productivity and confidently protecting the mobile workforce.
MTN tests supersonic network
MTN has begun a series of test runs of its network built for the Bloodhound Supersonic Car (BSC), which took place in the Hakskeenpan desert in the Northern Cape. MTN’s network will be used to transmit data, in realtime and at high speeds, to the BSC as it prepares to break the land speed record and reach speeds in excess of 1 609km per hour.
Telkom to buy out BCX
Telkom is to make a cash offer to buy out all of Business Connexion’s (BCX’s) shares. The value of the deal will be about R2,7-billion. As one of the largest ICT and cloud service providers on the JSE, BCX has offices in the UK and Dubai as well as in South Africa.