Global tech spend to surpass $4trn in 2023

Global tech spend will grow 4,7% to reach $4,4-trillion in 2023, according to Forrester’s Global Tech Forecast, 2022 to 2027. The Middle East and Africa (MEA) and Asia Pacific (APAC) will experience the fastest regional tech spend growth, despite macroeconomic...

EOH shareholders support rights issue

EOH’s right offer has been oversubscribed, with the group successfully raising R500-million. Given the success of the rights issue, the underwriters were not required to subscribe for any rights offer shares in terms of their underwriting commitments. Total...

Strong growth for European cloud spend despite economic turbulence

Public Cloud Services spending in Europe will reach $148-billion in 2023 and will reach $258-billion by 2026, growing at a 22% five-year 2021 to 2026 CAGR, according to IDC’s Worldwide Software and Public Cloud Services Spending Guide. Being a cost-effective...
Creeping landslide threatens an African city

Creeping landslide threatens an African city

A large, slow-moving landslide is accelerating in eastern Congo, putting a community at risk. New research exposes geologic hazards amid unprecedented urban sprawl. Creeping from just a finger’s width up to a few feet per year, slow-moving landslides occur naturally...

NASA tracks earthquake damage in Türkiye

The magnitude 7,8 and 7,5 earthquakes that struck southern Türkiye and western Syria on 6 February 2023 caused widespread destruction in both countries. The initial earthquake emanated from a fault 18km below the land surface. The shallow depth meant the earthquake...
It’s a disaster: president responds to power crisis

It’s a disaster: president responds to power crisis

South Africans are hoping that the State of Disaster announced by President Cyril Ramaphosa last night during his State of the Nation address (SONA) will help to alleviate and eventually solve the current electricity crisis. “The energy crisis is an existential...