R100m investment spurs high-impact job creation

With youth unemployment at 52%, the Jobs Fund is supporting the national drive for sustainable employment and inclusive growth with a R100-million matched grant to Harambee Youth Employment Accelerator to scale up a social impact bond for jobs. South Africa’s...

Significance of the iPhone Xr in a maturing smartphone market

Toward the end of the Series 4 Apple Watch and updated iPhone Xs launch event in September, and after the initial fanfare of the introductions, CEO Tim Cook mentioned there was “one more thing” to be revealed. By Wayne Lam, principal analyst: mobile...

Altron turnaround sees revenue up 44%

Allied Electronics (Altron) has continued to deliver on its growth plans, reduced debt levels, and completed the divestment of non-core assets, reporting a growth of 16% for EBITDA and 44% for revenue. Mteto Nyati, Altron Group chief executive, comments: “We...

Academics under attack from phishing fraudsters

Kaspersky Lab has urged academics to be careful online: the company’s researchers have detected multiple cyberattacks hitting at least 131 universities in 16 countries, including South Africa, where several well-known universities have experienced at least one...

MTBPS aims to steer SA in right direction

Finance Minister Tito Mboweni delivered his maiden Medium-Term Budget Policy Statement (MTBPS) to Parliament today (24 October 2018). Entitled “South Africa at a Crossroads”, the document admitted that the country’s economic structure is not conducive to high growth...
In digital transformation, business and IT are in conflict

In digital transformation, business and IT are in conflict

Kathy Gibson is at IDC Cloud and Data Centre Roadshow in Sandton – CIOs are facing new issues and challenges as cloud computing becomes more pervasive, and frequently comes into conflict with data centre operations. One of the main drivers for cloud is the...