Chinese currency payments on the rise

Recent SWIFT data shows that the number of South Africa’s Renminbi (RMB) payments increased by 33% over the last 12 months and by 191% over the last two years. In June 2015, 31,3% of direct payments value between South Africa and China/Hong Kong were in RMB versus...

Datatec reports strong growth

The Datatec Group has delivered good revenue growth of 18,2% for the period 1 March 2015 to 30 June 2015, compared to the four months ended 30 June 2014. Westcon continues to report excellent revenue growth, particularly in North America. Logicalis also delivered...

More capex investments from public sector

In an environment of low real economic growth, South African public sector institutions continued to plough an increasing amount of capital expenditure into the economy in the financial year 2013/14. This is evident from the latest capital expenditure survey from...

Globetom makes good in New Zealand

South African Globetom has extended its telecommunications industry reach with GP3, its flagship convergent billing and prepaid platform, signing a five-year agreement with Spark New Zealand, previously Telecom New Zealand, to provide GP3 for prepaid voucher...

Tshwane upgrades free WiFi speeds

The City of Tshwane has upgraded the maximum speeds on its free WiFi network to 15mbps, Project Isizwe has confirmed. To date the average speed for users has been 7mbps. The network has grown to 633 sites over the past 18 months, resulting in economies of scale that...

Innovator Trust aims to empower women

In South Africa only 27% of women hold managerial positions, according to the 2015 Global Women Entrepreneurs leaders score card. Despite the vast economic and social transformation women have undergone in the preceding decades, there is still a significant gap...