Syndicated loan paves way for Teraco growth

Teraco has concluded a syndicated loan facility worth R11,8-billion, of which R5,7-billion will be used to finance the company’s continued growth and R6,1-billion will refinance and extend the average maturity profile of existing drawn debt. The growth funding...

Digital card issuance set to boost credit cards

The number of credit cards issued via digital card issuance platforms will exceed 320-million globally by 2027 compared to 120-million in 2023, according to Juniper Research. This growth of almost 170% reflects the use of new advanced digital capabilities such as...

Global crypto market cap jumps 35% in January

After a year of turmoil, the world`s largest and most expensive cryptocurrency, Bitcoin, has begun 2023 on a positive note – bringing some long-awaited optimism to the market. According to data presented by BitcoinCasinos.com, the global crypto market cap jumped...

Growth slows for North American distributors

Revenue reported in IDC’s North America Distribution Tracker (NADT) for the fourth quarter of 2022 (4Q22) came in at $21,7-billion with a modest year-on-year decline of 1,8% ending the sustained growth that distribution experienced over the past two years. The...
Miscommunication a leading cause of IT security incidents

Miscommunication a leading cause of IT security incidents

More than half of top-tier managers surveyed in South Africa (60%) admit that a miscommunication with the IT department or IT security team has resulted in at least one cybersecurity incident within their organisations. In terms of personal attitudes, the majority of...