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,...

Public Cloud Services spending in Europe will reach $148-billion in 2023 and will reach $258-billion by 2026, growing at a 22% five-year 2021 to 2026 CAGR, according to IDC's Worldwide Software and Public Cloud Services Spending Guide. Being a cost-effective...

Statistics South Africa (StatsSA) reported on June 4 that the South African economy contracted by 3,2% quarter-on-quarter (q-o-q) during the first quarter of 2019 - the biggest decline in 10 years. This resulted in the economy being no larger in 2019Q1 than it was a...

Although the 2,4-million SMEs in South Africa employ between 60% and 70% of the working population this market experiences a dearth of funding. In fact, there is an $86-billion credit gap for small businesses and, each year, the number of SMEs in the country decreases...

Tech-savvy business travelers in South Africa are demanding digital solutions and hybrid support delivered throughout their travel experience. This is according to Travelport's 2018 Digital Business Traveler Research which reveals that, in the planning and booking...

Vodacom is investing in energy efficiency and renewable energy, reducing waste and wastefulness, reducing its water footprint and implementing eco-friendly solutions at the core of its operations. In South Africa, the main environmental issues have been described as...

The SA Innovation Summit has extended the deadline for Africa Cup entries to 28 June 2019, giving more entrepreneurs to compete for a total of R8,5-million in investment funding. The Africa Cup is a partnership between the SA Innovation Summit, Africa's biggest...

More than R1-billion was lost to the South African agricultural economy in 2018 from livestock theft. According to a study released by University of South Africa (Unisa), there were more than 29 000 cases reported over the last financial year, with thousands of...

The world's 40 largest mining companies continued to consolidate their stellar performance of the past several years by delivering steady growth in 2018 according to PwC's Mine 2019 report released today. As a group, the Top 40 increased revenue by 8%, buoyed by...

Global businesses continue to house "dark data" within their organisations, creating a honeypot for cybercriminals. This is among the findings from the Value of Data study, conducted by Vanson Bourne for Veritas, surveyed 1 500 IT decision-makers and data managers...