As Novus buys up Mustek, execs retain a stake
As Novus Holdings moves to acquire Mustek by buying the remaining shares that it doesn’t already hold, executives at the distributor have penned an agreement to retain a 25% stake in the company. On 15 November Novus Holdings made a mandatory offer to the shareholders...
Xerox buys Lexmark for $1,5bn
Xerox Holdings has reached an agreement to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre in a deal valued at $1,5-billion, including assumed liabilities. The acquisition will enhance Xerox’s core print portfolio...
Ruby the Robot puts in the Xmas shift
While you’re enjoying your roast turkey and plum pudding tomorrow, spare a thought for Rudy the Robot, JLR’s automated colleague who is working hard this Christmas in minus 40-degree conditions to test the durability and quality of JLR vehicle doors. Based at JLR’s...
ACSA says OR Tambo facilities are working
Airports Company South Africa (ACSA) has issued a statement to address reports circulating on social media regarding the state of facilities at OR Tambo International Airport (ORTIA), with particular reference to the people movers. “OR Tambo International Airport is a...
Beware of these evolving holiday scams
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains. Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified...
How 2024 reshaped digital assets
The crypto industry in 2024 was marked by new record-breaking highs and a flood of institutional participation fueled by ongoing regulatory progress. Luno shares its 2024 highlights: ETFs and the continued rise of digital assets in traditional portfolios...
Hydrogen startups accelerate clean energy innovations
The global hydrogen market is experiencing rapid growth, fueled by increasing demand for sustainable energy solutions, supportive government policies, and advancements in hydrogen technology. Startups in the sector are addressing critical challenges such as hydrogen...
These were the largest service outages in 2024
Ookla has released its latest analysis on the largest internet outages during the first nine months of 2024. The report, based on Downdetector data, aims to analyse the largest challenges associated with service disruptions, as dependence on digital services...
Campus switch market drops again
According to a recently published report from Dell’Oro Group 3Q 2024 worldwide Ethernet Campus Switch revenues dropped by 24% year-over-year (Y/Y), marking the fourth consecutive quarter of Y/Y contractions. The Americas region dragged down market results, after...
Microsoft works with IOM on climate-driven displacement
The International Organisation for Migration (IOM) and Microsoft have teamed up to address climate-induced displacement by harnessing artificial intelligence (AI) and data insights. Through innovative pilot projects with Microsoft’s AI for Good Lab in the Maldives,...
Lessons from 2024 for a stronger, more inclusive retail credit market
In many ways, the retail credit market acts as a barometer of broader economic health, reflecting consumer confidence, spending power, and financial stability, writes Regan Adams, CEO of RCS. 2024 saw South African consumers grapple with harsh economic challenges such...
Does your online payment option have your best interests at heart?
A South African Reserve Bank study has highlighted several key reasons why the country’s consumers remain wary of digital payment methods. The SARB's September Payments Study Report found that of the more than 7 000 South Africans surveyed across two surveys, 17% were...