As Novus buys up Mustek, execs retain a stake
As Novus Holdings moves to acquire Mustek by buying the remaining shares that it doesn’t already hold, executives at the distributor have penned an agreement to retain a 25% stake in the company. On 15 November Novus Holdings made a mandatory offer to the shareholders...
Xerox buys Lexmark for $1,5bn
Xerox Holdings has reached an agreement to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre in a deal valued at $1,5-billion, including assumed liabilities. The acquisition will enhance Xerox’s core print portfolio...
Slight relief for take-home pay in June
Despite the tough economic conditions, the average nominal take-home pay, tracked in the BankservAfrica Take-home Pay Index (BTPI), showed a marginal uptick in June, adding to the stabilisation observed over the past three months. "The average nominal take-home pay...
SA’s financial sector suffers highest losses from data breaches
IBM Security has released its annual Cost of a Data Breach Report, showing the average data breach cost for South African organizations reached R49,45-million in 2023 - an all-time high for the report. This represents an 8% increase over the last three years and a 73%...
Increased chip demand will fuel steady OSAT growth
A surge in global demand for applications such as AI, high-performance computing (HPC), 5G, automotive, and Internet of Things (IoT) has fueled semiconductor supply chain expansion, according to IDC's upcoming Semiconductor Manufacturing Services: 2022 Worldwide OSAT...
Top business priorities for CEOs and CFOs
Growth remains the top strategic business priority for both CFOs and CEOs, according to a survey by Gartner, which says 45% of CEOs ranked growth in their Top 3 strategic priorities (down from 53% in 2022) while 62% of CFOs put it in their Top 3 (up from 59% in 2022)....
Expanded capacity empowers cloud, CDNs and SaaS providers in Africa
A report from research group TeleGeography has unveiled the tremendous opportunities for content delivery networks (CDNs), cloud services, and software-as-a-service (SaaS) providers in Africa's ever-expanding connectivity landscape. One of the key findings of the...
Campus switch market to exceed $100bn
More than $100-billion will be spent on campus switches over the next five years, according to a new report from Dell'Oro Group. Additionally, we have raised our outlook for the 2023 revenue growth while, at the same time, revised our forecast for 2024 to show a...
Altron set to divest of two operations
Altron has issued a trading statement for the six months ended 31 August 2023 warning shareholders of substantial changes in its financial results from the previous corresponding period. Headline earnings per share (HEPS) from continuing operations is estimated to be...
Half of breached organisations unwilling to up security spend
IBM Security's newly-released annual Cost of a Data Breach Report says that the global average cost of a data breach reached $4,45-million in 2023 - an all-time high for the report and a 15% increase over the last three years. Detection and escalation costs jumped 42%...
More News Today
MiX Telematics demonstrates strong growth
MiX Telematics, a global provider of fleet and mobile asset management solutions, has celebrated the 10th anniversary of its JSE listing, as well as announcing its results for the full fiscal year ending March 2018. "Thanks to a strong international footprint, broad...
African guidelines for privacy unveiled
At the Africa Internet Summit in Dakar, Senegal, the Internet Society and the African Union Commission unveiled a new set of Guidelines that highlight how privacy protection and the responsible use of personal data are critical factors in building greater trust online...
RS Components launches RS Pro 3D printer
RS Components has announced the launch of its new easy-to-use 3D printer: the RS Pro iTX. The additive-manufacturing machine targets a wide range of users in manufacturing and many other commercial and business applications, as well as being ideal for educational...
Counting the cost of cybercrime in Africa
African businesses need to take more decisive steps to prioritise data protection and enhance enterprise security in order to mitigate the high cost of cyberattacks. Ken Munyi, country manager at iWayAfrica Kenya, says the millions of cyberattacks that take place...
Data curation is the answer to business success
The digital shift is fundamentally altering the way we do business, in effect taking away the power of big business - and handing more of this power over to the consumer who is now more able to call the shots on what they want and how they want it served. By Gary...
Insurance model requires digital innovation
Insurers must adapt to the new digital environment and provide customers with the same degree of customisation they receive in other industries. This requires the traditional insurance model to make way for strategies that incorporate a lifestyle-centric approach,...
Blockchain to shape healthcare supply chains
Blockchain technology will play a key role in supporting supply chain transformation in the healthcare sector by helping to reduce fraud and better manage quality in the manufacturing and distribution of pharmaceutical products, according to data and analytics company...
AWCape bolsters service with Gabsten solutions
Data Management Solution specialist, Gabsten Technologies, has partnered with professional software and services company AWCape, to provide data backup and management services as part of AWCape's solutions portfolio. AWCape, a Sage Business Partner for HR, payroll and...
Ask Afrika signs B-BBEE deal with ENCHA
Following an 18-year search for the right B-BBEE partner, independent market research company Ask Afrika has signed an agreement with ENCHA Green Brands (EGB). Andrea Gevers, CEO pf Ask Afrika, comments: "This partnership is a game changer for us! Having spent many...
Comfort: the addiction that kills success
Only 25% of the world's population is comfortable with changing the status quo and doing things with an innovative twist. "These individuals are often called disruptors or innovators," explains Juanita Vorster, a professional speaker on the topic of success in a...
Senior IOS Developer – Gauteng Pretoria Region
Our client is seeking a highly skilled Senior iOS Developer to join their mobile development team. The ideal candidate will have extensive experience in iOS application development and a deep understanding of mobile architecture and design. You will be responsible for...
Back End Java Developer (LM) – Gauteng Pretoria
Development and maintenance on platform/application. Review and present proposed system solution to IT Project Manager / Leader and User Management or System owner. Develop systems solutions in line with quality and delivery requirements. Preparation of...
Senior Java Developer (Remote) (CH1057) – Western Cape Lemoenkloof
We are seeking an Intermediate Java Developer for our innovative Fintech client in the Western Cape. The company crafts user-friendly online solutions to address real-world challenges, with its flagship product being a revenue management system for financial...
Junior C# Developer (CPT/JHB Hybrid)
ENVIRONMENT:PERFORM design & code reviews and help maintain code quality, performance and application responsiveness as the next Junior C# Developer sought by a national provider of Digital Communications. You will be responsible for the analysis, design,...
Junior IT Support Technician at HR Options
Your:Formal Education:Relevant degree or diplomaMicrosoft 365 Fundamentals (MS900)Microsoft Azure Fundamentals (AZ900)ITIL V3/4Experience:Minimum of 2 years' experience in a support roleExperience working in Microsoft 365 EnvironmentExperience working in Microsoft...
Devops Engineer
Join Our Team as a DevOps Superstar! Are you ready to elevate your career in a vibrant and dynamic environment? We're on the lookout for a passionate DevOps Engineer with a flair for innovation and a knack for problem-solving. If you have a minimum of 4 years of...
Senior back end Developer
Senior Backend Developers and Intermediate Back end developers This position focuses on scaling large systems using a microservice approach. Experience with Linux is advantageous and will complement your expertise in building and managing complex, distributed...
Information Coordinator at EnableSA (Pty) Ltd
Our client in Port Elizabeth is looking for an Information Coordinator, where you'll play a vital role in managing and maintaining our database to ensure its accuracy and reliability! In this dynamic position, you'll collaborate with various departments to keep...
Junior C# Developer (CPT/JHB Hybrid) – Western Cape Cape Town
ENVIRONMENT:PERFORM design & code reviews and help maintain code quality, performance and application responsiveness as the next Junior C# Developer sought by a national provider of Digital Communications. You will be responsible for the analysis, design,...
Junior IT Support Technician at HR Options – Gauteng Pretoria
Your:Formal Education:Relevant degree or diplomaMicrosoft 365 Fundamentals (MS900)Microsoft Azure Fundamentals (AZ900)ITIL V3/4Experience:Minimum of 2 years' experience in a support roleExperience working in Microsoft 365 EnvironmentExperience working in Microsoft...
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