AMD launches Ryzen Embedded V3000 Series processors

AMD has introduced the Ryzen Embedded V3000 Series processors, adding the high-performance “Zen 3” core to the V-Series portfolio to deliver reliable, scalable processing performance for a wide range of storage and networking system applications. With...

PMI fell in September

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) once again declined in September. The index fell to 48.2, from 52.1 in August and averaged 49.3 points in Q3. More intense load-shedding during the month was likely to blame for the decline relative...

SA student wins global innovation award

A digital application developed by an engineering student from Stellenbosch University (SU) that provides information about water quality in water supply systems, took third place at a recent international gathering in New York where more than 250 young leaders from...

Naspers terminates BillDesk purchase

On 31 August 2021, Naspers announced that an agreement had been reached between PayU Payments, a subsidiary of Prosus, and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for $4,7-billion. Closing of the transaction was subject to...

DFA, Vumatel come together under Maziv umbrella

Dark Fibre Africa (DFA) and Vumatel are now running under a new parent company, Maziv. Pieter Uys, chairman of holding company Community Investment Ventures Holdings (CIVH), says both  operating companies have demonstrated impressive growth, with DFA increasing...

Rain makes formal offer for Telkom – updated

Rain Group Holdings has made a formal proposal to acquire Telkom. This follows an offer on 15 July from MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN. Rain also made an offer in August, which is...