ATM hacks on the increase
Criminals have been targeting automated teller machines (ATMs) for as long as they have been available to the public. Many already know about scams where fraudsters hook up a small device to the ATM to steal credit card information, usually referred to as card...
Water sensor market could hit $2bn by 2030
Despite its importance, the water industry is behind with its uptake of digitisation and in the monitoring of networks in many countries across the globe. IDTechEx's most recent market research report on this market area, "Sensors in the Water and Wastewater Treatment...
Telkom makes new offer to CWU members
After discussions between Telkom and the Communication Workers Union (CWU) reached a deadlock, Telkom has offered voluntary severance and voluntary early retirement packages to CWU members affected by the Section 197 process currently underway. Two weeks ago, Telkom...
Huawei reports record revenue for 2014
Huawei has released its KPMG-audited annual report which shows record revenue and net profit for 2014, with financial performance up strongly across all business areas. Overall Group revenue reached $46,5-billion, an increase of 20,6% from 2013, and Group net profit...
SMEs need to use tech more effectively
Small to medium enterprises in South Africa are under growing pressure to use technology more effectively in order to meet the expectations of their customers, reduce costs, and stay ahead of growing regulatory and tax compliance demands. That's according to Daryl...
Call for African leaders to take action
African leaders have participated in the opening address of the Conference of Ministers 2015 in Addis Ababa. There was a strong call for action for African nations to go for industrialisation for trade, integration, self-reliance, ownership and a Common African...
Tsotsi, Eskom part ways amicably
Zola Tsotsi has agreed to step down as a director and chairperson of the board of Eskom. After much deliberation, the Eskom board accepted the presentation made by Tsotsi. The board and the chairperson thereafter held a constructive discussion about charting a way...
Multi-banking a trend in South Africa
South African consumers are fond of multi-banking: a trend where businesses and individuals prefer to bank with more than one banking partner. According to an annual business tracking survey done by TMS, 14% of small businesses do not have a "main bank". This is also...
BCX, Telkom merger still on track
The long-stop date for the Business Connexion (BCX) and Telkom merger has been extended from 31 March 2015 to 30 April 2015. This is in order to extend the time available for the completion of the regulatory approval processes. BCX announced on 22 May 2014 that Telkom...
Wearables will take off in 2015
A combination of new vendors, new devices and greater end-user awareness will drive the worldwide wearables market higher in 2015 with a total of 45,7-million units being shipped this year, up 133,4% from the 19,6-million shipped in 2014. This is according to IDC’s...
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