Telkom to buy out BCX

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. It...
Tech chaotic for 90% of firms

Tech chaotic for 90% of firms

Fewer than 10% of organisations say their existing IT infrastructure is fully prepared to address the proliferation of mobile devices, social media, data analytics and cloud computing. This is according to preliminary findings from an IBM study, IT Infrastructure...
New polymers pack a punch

New polymers pack a punch

Scientists from IBM Research have successfully discovered a new class of polymer materials that can potentially transform manufacturing and fabrication in the fields of transportation, aerospace and microelectronics. Through the unique approach of combining high...
IT spend slows in emerging markets

IT spend slows in emerging markets

Worldwide IT spending will increase by 4,1% in constant currency this year, down from a previous forecast of 4,6% – and also down from last year’s growth of 4,5%. According to The International Data Corporation (IDC) Worldwide Black Book, IT spending has been...
Investment in Africa booms

Investment in Africa booms

A new report has shown that global foreign direct investment (FDI) in Africa has reached its highest levels in a decade. Executing Growth: EY’s 2014 Africa Attractiveness Survey combines an analysis of international investment into Africa since 2003, with a 2014...
Women get better IT budgets

Women get better IT budgets

In 2014, female CIOs expect to increase their IT budgets 2,5%, whereas male CIOs report an average increase of 0,2%, according to a survey by Gartner. The worldwide survey was conducted in the fourth quarter of 2013 and included 2 339 CIOs, representing more than...