Altech consolidates, repositions its business

Allied Electronics (Altron) has announced its intention to consolidate the business as it reported a 7% decrease in revenue to R13,3-billion for the six-month period ended 31 August 2015, with earnings before interest, tax, depreciation and amortisation (EBITDA)...

Internet services drives SA telecoms growth

The total income for the post and telecommunications industry in 2013 was R276,3-billion. The largest contributor to the total income was telecommunications at R262,2-billion, or 95% with post and associated courier activities at R14,2-billion, or 5%. The total sales...

24% growth forecast for cloud infrastructure

Total spending on cloud IT infrastructure (server, storage, and Ethernet switch, excluding double counting between server and storage) will grow by 24,1% and will reach $32,6-billion in 2015. According to the International Data Corporation (IDC) Worldwide Quarterly...

Rise aims to unlock African innovation

Africa’s innovators and start-ups will have the ability to scale their ideas in new markets following the launch today of Rise, a physical and virtual global community that facilitates collaboration and fintech innovation. Funded by the Barclays, Rise is ideally...

Nigeria’s Jumia partners MTN on free Internet

To reduce data costs and boost e-commerce in Nigeria, online shopping destination Jumia has launched its free internet service with MTN. The move means it won’t charge users of its mobile network for the data they consume while using the Jumia app....

WiFi market in SA set for take-off

Things are really fizzing in the global WiFi market, with projections that it will grow from $14,8-billion in 2015 to $33,6-billion by 2020 – and it will be at an estimated CAGR of 17,8% from 2015 to 2020.