What are the grey listing implications for SA?

South Africa’s grey listing by the Financial Action Task Force (FATF) has significant implications for its economic growth and global competitiveness, but moves are already being taken to satisfy the FATF. The Webber Wentzel finance team reflects on what comes...

AMD expands telco products, support

AMD has announced it will be expanding support of its growing 5G partner ecosystem spanning from core to radio access networks (RAN) applications, delivering additional new test capabilities and unveiling new 5G products. The AMD wireless telecom partner ecosystem has...

Absa finances three wind energy projects

Absa acted as a mandated lead arranger and lender for three Red Rocket Energy renewable energy projects which reached financial close on 23 February 2023. The projects comprise of two 140MW wind farms, which will both be located in the Western Cape, and one 84MW wind...

Acer ranks among top female-friendly companies

Acer has been included in Forbes’ list of the World’s Top Women-Friendly Companies in 2022. Forbes co-operated with the market research institute Statista in conducting an anonymous survey of nearly 85 000 women working in multinational companies around...

Blue Label Telecoms increases revenue, profits

For the six months ended 30 November 2022, Blue Label Telecoms has reported revenue of R9,8-billion, with an increase in gross profit of 13% to R1,54-billion (2021: R1,36-billion). The core businesses of the Blue Label Group continued to generate further growth in...
Ransomware persisted in 2022 despite improved detection

Ransomware persisted in 2022 despite improved detection

Although ransomware’s share of incidents declined only slightly (4 percentage points) from 2021 to 2022, defenders were more successful detecting and preventing ransomware. Despite this, attackers continued to innovate with the report showing the average time to...