Teraco concludes R2,5bn funding round for hyperscale data centre

Teraco concludes R2,5bn funding round for hyperscale data centre

Vendor-neutral data centre provider Teraco Data Environments has finalised a new R2,5-billion loan financing transaction, following its November 2020 announcement that it will build a new 38-megawatt hyperscale data centre in Ekurhuleni. Teraco will use the funds...

Miles Crisp, Joanne Tanner resign from Tarsus

Miles Crisp, CEO of Tarsus Technology Group (TTG), and finance director Joanne Tanner have resigned from the group. Crisp was appointed as group CEO in 2014 with a mandate from the board and majority shareholder Investec to optimise operations, derisk funding,...

Strong SA performance key to Vodacom’s quarterly growth

Vodacom Group’s service revenue grew by 3,9% in the quarter ended 31 December 2020, driven by strong growth in South Africa and improved growth from international operations. Group revenue growth of 6,4% in the quarter was ahead of group service revenue growth...

Shift to digital banking erodes consumer trust

Impersonal digital bank transactions via online and mobile channels have accelerated during the Covid-19 pandemic, causing a deeper ongoing erosion of consumer trust in banks. This is according to a new report by Accenture, which indicates that banks must earn...

Tablet shipments return to growth in 2020

The worldwide tablet market had an outstanding fourth quarter (4Q20) with 19.5% year-over-year growth and shipments totaling 52,2-million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device...

Ford, Google to drive connected vehicle experience

Ford and Google have announced a unique strategic partnership to accelerate Ford’s transformation to reinvent the connected vehicle experience. Ford has also named Google Cloud its preferred cloud provider to leverage data, artificial intelligence (AI), and...