Global economic recovery on the cards

The global economy is possibly poised for an extended recovery period, with the US showing the way and the Eurozone still having quite a way to go. This is according to Old Mutual Equities Strategist, Graham Bell, speaking at the Old Mutual Investment Group Q3...

Social media, cloud change security needs

The Nexus of Forces is transforming the approach towards information security as new requirements are brought about by social, mobile, cloud and information, according to Gartner. Gartner predicts that traditional security models will be strained to the point that, by...

Governments commit to open partnering

More than 1 000 people, representing countries with populations of 1,94-billion, and hundreds of civil society and multilateral organisations, are coming together in London for the Open Government Partnerships’ (OGP) Summit today and tomorrow (31 October and 1...

IS Ignite launches cloud service for SMEs

Internet Solutions (IS) Ignite has launched a public cloud solution targeted at the South African SME market. Cloud Server is affordable and flexible enough for businesses in the SME market segment, and delivers enterprise-level reliability, scalability and uptime,...

Pinnacle finalises Datacentrix acquisition

The last remaining conditions regarding Pinnacle Holdings’ acquisition of part of Datacentrix have been met, and the deal is now finalised. Competition Authority approval was granted on 30 October, and the acquisition is now unconditional, with Pinnacle now holding...

Neotel reports profit for the first time

Neotel has announced that the business grew 21% year-on-year and turned PBT (profitable before tax) positive for the first time since its inception seven years ago. The company achieved a positive PBT ahead of its plans. The company also announced a 21% increase in...