Mustek flags irregular expenditure at Sizwe
The Mustek board has issued a statement concerning irregular expenditure during the 2023 financial year in Sizwe Africa IT Group, in which Mustek holds a minority share. The company stresses that Mustek’s nominee director is appointed in a non-executive capacity to...
Public cloud market continues meteoric growth
The global cloud computing market size is expected to reach $1,55-trllion by 2030, registering a CAGR of 14,1% from 2023 to 2030, according to a new report by Grand View Research. The main factors driving the market growth include the rising adoption of cloud-native...
Plan to centralise laptop purchases for university, TVET students
Government aims to centralise laptop purchasing for higher education as learning increasingly moves online. This is the word from higher education minister Blade Minister, who says all tertiary students funded by the National Student Financial Aid Scheme (NSFAS) for...
New directors, chairman-designate for Net1
Net1 has appointed three veteran business leaders as independent non-executive directors. Jabu Mabuza and Ali Mazanderani will join the board today (15 May), and Antony Ball will join on 21 May. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings...
Spoofed visa application hits diplomatic entities
In November 2019, Kaspersky technologies revealed new malware with a focus on diplomatic bodies in Europe, with the initial dropper spread as a spoofed visa application. Further analysis has indicated that this spyware uses the same code base as the infamous COMPFun....
Taiwan chipmaker to open US plant
Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...
Smartphone sales relatively strong, despite lockdowns
Smartphone shipments across EMEA dropped by 8% year-on-year in the first quarter as countries across the region began to respond to the spread of coronavirus and lock down local economies. In total, companies shipped 76,9-million smartphones in 1Q20. "Considering the...
Cloud the bright spot in IT outlook
Worldwide IT spending is projected to total $3,4-trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner. The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritise spending on technology and...
Paying ransomware doubles the cost of recovery
Paying cybercriminals to restore data encrypted during a ransomware attack is not an easy and inexpensive path to recovery. In fact, the total cost of recovery almost doubles when organizations pay a ransom, according to global survey from Sophos, "The State of...
LTE, 5G spending set to soar
Driven by increasing demand from branch, mobile, and Internet of Things (IoT) customers, International Data Corporation (IDC) expects LTE routers to experience double-digit growth in 2020. 5G wireless routers will add to this year's forecast, supported by initial...
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