Global tech spend to surpass $4trn in 2023
Global tech spend will grow 4,7% to reach $4,4-trillion in 2023, according to Forrester's Global Tech Forecast, 2022 to 2027. The Middle East and Africa (MEA) and Asia Pacific (APAC) will experience the fastest regional tech spend growth, despite macroeconomic...
EOH shareholders support rights issue
EOH's right offer has been oversubscribed, with the group successfully raising R500-million. Given the success of the rights issue, the underwriters were not required to subscribe for any rights offer shares in terms of their underwriting commitments. Total demand,...
Global IT spend to reach $4,3trn in 2020
A new forecast from International Data Corporation (IDC) predicts worldwide spending on information and communications technology (ICT) will be $4,3-trillion in 2020, an increase of 3,6% over 2019. Commercial and public sector spending on information technology...
Whitney Houston tour stars her hologram
Whitney Houston fans can spend an evening with the late star at the upcoming "Evening with Whitney" tour, featuring her hologram. The show will tour the UK from next week and will move to Europe, Mexico, and North America later in the year. The holographic experience...
Consumers save by streaming music, video
The use of video and music streaming services is rising significantly as South African consumers continue to look for ways to be entertained at a fraction of the usual cost. FNB has revealed that in the last 12 months to January 2020, its customers have paid close to...
Inflation accelerates to 4,5% in January
Statistics South Africa (Stats SA) reported on 19 February that consumer price inflation increased from 4% year-on-year (y-o-y) in December 2019 to 4,5% y-o-y in January 2020. Lullu Krugel chief economist for PwC Strategy&, and Dr Christie Viljoen, PwC...
New directions for Open Manufacturing Platform
The Open Manufacturing Platform (OMP) has expanded, with new steering committee members and new working groups established. OMP is an alliance founded in 2019 to help manufacturing companies accelerate innovation at scale through cross-industry collaboration,...
Be alert to new Ginp banker Trojan
Kaspersky researchers have identified a new version of the Ginp banking Trojan, first discovered by the company's analysts in 2019. Apart from the standard functions of Android-focused bankers - capacities to intercept and send SMS, perform window overlays - the new...
Over-cautious counsel costs companies millions
The average organisation is losing more than $17-million a year because in-house counsel is giving legal advice that is too conservative, according to Gartner. "When legal advice is too conservative it costs the organisation broadly and the legal team specifically,"...
Bloomberg finds cryptocurrency regulation support
Presidential candidate Michael Bloomberg's proactive cryptocurrency plans place him on the right side of financial history, according to the CEO and founder of deVere Group. Nigel Green was speaking out after the New York-based billionaire presidential hopeful...
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