Healthy outlook for European enterprise networking market
The European enterprise networking infrastructure market will grow 18,9% YoY in 2023, reaching a total value of $14,3-billion, according to International Data Corporation's (IDC) latest Worldwide Ethernet Switching, WLAN, and Router Trackers. Demand for enterprise...
Innovation without disruption resonates with SA enterprises
Avaya's South African customers face the same challenges in moving to the cloud, and many of them have bought into the company's phased approach. Brett Butler, country manager of Avaya South Africa, points out that many of Avaya's largest customers in the financial...
SA inches up economic freedom rankings
South Africa has improved its economic freedom ranking, rising to 90th out of 162 countries and territories, compared to 101st last year. The Economic Freedom of the World: 2020 Annual Report was released by the Free Market Foundation in conjunction with Canada's...
Business confidence edges up
The Bureau for Economic Research (BER) reported on 9 September that South African business confidence improved in the third quarter - though remained very pessimistic. By Lullu Krugel, chief economist for PwC Strategy Africa, and Dr Christie Viljoen, PwC Strategy&...
SA’s Luno snapped up by global blockchain investor
South African-founded cryptocurrency exchange Luno has been acquired by Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies. Luno began in South Africa in 2013. It now has 5-million customers spanning over 40...
Alviva expects lower earnings for 2020
Alviva Holdings has issued a trading statement warning stakeholders of significantly lower earnings for the year ended 30 June 2020. Headline earnings are expected to be 52% to 58% lower than last year, down from R426-million to between R180-million and R205-million....
Cheques to be phased out by year-end
The South African banking industry is phasing out the use of cheques, and will stop honouring cheques issued from 1 January 2021. Standard Bank tells customers that the use of cheques has declined significantly as consumers shift to digital payments. "In response, and...
Companies lag in work from home security
More people than ever are working from home, but companies have so far failed to increase their security training and awareness. As of mid-February, about 4,7-million US employees were working remotely, with social distancing measures introduced in March causing that...
70 000 used cars to choose from on Gumtree
South African vehicle sales may be down by nearly one-third compared to winter 2019, but the market for used cars is growing, with South Africa's most perennially popular brands leading the virtual sales lot, according to Gumtree.co.za. Recent Wesbank data suggests...
Telkom announces board changes
Telkom has announced that Santie Botha and Khanyisile Kweyama, both independent non-executive directors of the board of directors, will retire with effect from 25 September 2020 and 31 December 2020 respectively. Alphonzo Samuels and Hemmanth (Herman) Singh have been...
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