Telco public cloud usage set to double

Telco public cloud usage is predicted to double in 2019, according to a recent research report by industry analyst firm Ovum, entitled “Understanding the Business Value Of Re-architecting Core Applications on the Public Cloud.” Currently, only 20% of...

Net1 sells 8% of DNI to RMB

Net1 has, through its wholly-owned subsidiary, Net1 Applied Technologies South Africa, entered into a transaction with FirstRand Bank, acting through its Rand Merchant Bank division (RMB), in terms of which Net1 SA further reduced its shareholding in DNI-4PL Contracts...

MTN subscribers show quarterly increase

MTN has increased subscribers by 4-million to 236,6-million in the quarter ended 31 March 2019., Active data subscribers increased quarter on quarter (q oq) by 2,6-million to 81,3-million; and active MTN Mobile Money customers increased QoQ by 1,2-million to...

CEO priorities shift to meet growth challenges

Growth continues to top the list of CEO business priorities in 2019 and 2020, according to a recent survey of CEOs and senior executives by Gartner. The most notable change in comparison to last year’s results is that a growing number of CEOs also deem financial...

Altron continues on growth trajectory

Allied Electronics (Altron) has reported improved financial results for the year ended 28 February 2019. Revenue from continuing operations increased by 7% to R15,7-billion; EBITDA from continuing operations increased by 30% to R1,6-billion; HEPS from continuing...

Virgin Active kicks TEM into touch with Apex BI

Taking control of its technology expense management (TEM) one of the country’s oldest health club chains, Virgin Active South Africa (VASA), has taken its promotion of a healthy lifestyle mantra and applied it internally to its IT and telecoms environment. In...