EOH reports progress on turnaround plan

EOH Holdings has reported revenue of R6,354-billion for the six months ended 31 January 2020, with a gross profit margin of 24% and normalised EBIDTA of R405-million. “Our key businesses have delivered sound performances demonstrated by improved gross margins...
Wits teams design and manufacture scarce medical kit

Wits teams design and manufacture scarce medical kit

Teams from Wits University’s digital incubator at the Tshimologong Precinct, the School of Mechanical, Industrial and Aeronautical Engineering (MIA) along with the Transnet Centre of Systems Engineering (TCSE) and the Transnet MatlafatÅ¡o Centre (TMC) are putting...

Icasa releases long-awaited spectrum as temporary crisis fix

Icasa is making spectrum, including 5G, available for operators during the Covid-19 crisis. The move is a temporary measure to tide the country over the current period and allocations will be valid until November 2020. The regulator aims to ease the burden of...

ADC buys Standard Bank data centre

Africa Data Centres is acquiring Standard Bank’s purpose-built Tier IV data centre in Samrand. Designed to provide the security and reliability demanded by a banking IT system, the data centre is configured with total redundancy of all power and cooling...

Contingency planning can minimise disruption

Contingency plans will minimise the business impact of cancelled or postponed events and enable organisations to overcome associated disruptions due to the coronavirus pandemic, according to Gartner. “Due to the uncertainty surrounding the current event and...

Remote working adds unintended risks

Many companies are having to shutdown their premises temporarily at short notice due to the Covid 19 pandemic – and this could be adding to their risk profile. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action...