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Editor’s update

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Dear reader

The industry was abuzz this week with the news that Takalani Tshivhase, executive director at Pinnacle Holdings, has been cleared of all bribery charges. The Specialised Commercial Crimes Unit of the National Directorate of Public Prosecutions withdrew the charges after determining that there was insufficient evidence to proceed. Also this week, the much anticipated announcement of the winners of the the Businesswoman of the Year awards for 2014 was made.

Local divisions of international companies are showing strong growth in the country. PayPal has seen 1-million local subscribers in just four years since First National Bank (FNB) began offering the service, while Ricoh SA has globally committed to becoming a services-led organisation, with managed document services being the focus of their strategy.

And finally, the University of Cape Town has embarked on an ambitious project to halt the “brain drain” in Africa by developing 300 committed future leaders from economically disadvantaged communities.

Until next week,

The IT-Online team