Cell C to be restructured, refinanced

Blue Label has concluded a non-binding term sheet with Cell C and various Cell C financial stakeholders, whereby Cell C will be restructured and refinanced. The purpose of this is to deleverage Cell C’s balance sheet, providing it with liquidity with which to...

AMD adds fastest gaming processor, extends Ryzen line-up

AMD has announced the pricing and availability of the AMD Ryzen 7 5800X3D processor, the first Ryzen processor to feature AMD 3D V-Cache technology. With this technology, the 5800X3D delivers 15% more gaming performance compared to processors without stacked cache...

Local travel businesses predict a bumper Easter holiday

The local travel sector has been hard-hit by the Covid-19 pandemic, but things are looking up. This is according to data and insights from local payments provider Peach Payments and its travel industry merchants. Data from Peach Payments shows that its travel industry...

Aspirational spenders drive growth for pre-owned luxury goods

There is a growing adoption of the pre-owned luxury goods sector as South African consumers look to invest in authenticated products without the high price tag of buying them new. One of South Africa’s largest pre-owned and authenticated luxury reseller, Luxity,...

Partner2Connect rallies commitments for connectivity

Partner2Connect rallies commitments for connectivity The International Telecommunication Union (ITU) today announced its Partner2Connect pledging platform and an action framework to advance universal connectivity and digital transformation. TU’s Partner2Connect...

R1bn of SAP contracts with Water and Sanitation set aside

Two software license and support agreement contracts concluded between the Department of Water and Sanitation (DWS) and Systems Applications Products (SAP) to the value of more than R1-billion have been declared constitutionally invalid and set aside by the Special...