Subsea cable system lands in KZN
The 2Africa undersea cable, said to be the largest in the world, has been landed into the carrier-neutral Durban facility of Open Access Data Centre (OADC), which is owned and operated by West Indian Ocean Cable Company (WIOCC). Chris Wood, group CEO of WIOCC,...
Logistic execs pessimistic about 2023
Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China's battle to contain Covid, Russia's war in Ukraine, and the impact of climate change. Ninety percent...
Arctic ice melt is changing ocean currents
A major ocean current in the Arctic is faster and more turbulent as a result of rapid sea ice melt, a new study from NASA shows. The current is part of a delicate Arctic environment that is now flooded with fresh water, an effect of human-caused climate change. Using...
Africa urged to build on Agenda 2063 progress
The African Development Bank, the United Nations, and the African Union have acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation. The call was made on Saturday at the...
Financial fraud goes mobile
By 2022 the world will have seen a double-digit growth of digital payments, according to Capgemini's World Payments Report 2019. CredoLab's senior vice-president and head of global sales, Tarun Kumar Kalra, says: "Worryingly, the escalation of financial crime is not...
Cloud on an unrelenting growth streak
The worldwide cloud infrastructure services market reached a record high in Q4 2019, as spending grew 37% to over $30-billion. Amazon Web Services (AWS) remained the dominant cloud service provider in Q4 2019, accounting for 32% of total spend. Microsoft Azure...
Europe’s hard copy sales worse than expected
According to research by International Data Corporation (IDC), the Western European printer and multifunction (MFP) market declined by 8,2% in unit terms in 4Q19 compared with the same period a year ago, to give a market size of 5,09-million units. This meant the...
New chairman for EOH
Andrew Mthembu has been appointed as the new chairman of the EOH Group, effective 6 February 2020, to replace the late Dr Xolani Mkhwanazi. Mthembu joined the EOH board in June 2019, was appointed the lead independent director last year and led the board in the...
SA companies embrace new ways of working
Companies are increasingly softening to the ideas of remote working and flexitime as the understanding of the importance of employee wellness on productivity starts gaining ground. This and other noteworthy trends emerged from an annual HR Survey conducted by...
Impact of coronavirus containment ripple through global economy
Coronavirus will have a larger negative effect on the global economy than the SARS outbreak in 2003. Todd Lee, executive director, global economics at IHS Markit, and Elisabeth Waelbroeck Rocha, chief international economist at IHS Markit, analyse various scenarios....
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