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Information Technology

Outgoing EOH CEO Stephen van Coller
EOH posts loss a share, as Operational Technologies division offsets Digital Enablement growth
26th March 2024 By: Schalk Burger

JSE-listed information and communications technology services firm EOH reported a 2% year-on-year decrease in revenue to R3.1-billion for the six months ended January 31. Group operating profit... 


Coding
US software company Powerfleet lists on JSE amid merger with MiX Telematics
26th March 2024 By: Marleny Arnoldi

Software-as-a-service (Saas) and artificial intelligence (AI) provider Powerfleet has attained a secondary listing on the JSE amid its merger with fleet and mobile asset management solution company... 


AIIM consortium acquires Octotel, minority stake in RSAWEB
25th March 2024 By: Natasha Odendaal

A consortium, led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM), has signed an agreement to acquire fibre network operator Octotel. The... 


Telkom sheds Swiftnet in R6.75bn deal
22nd March 2024 By: Natasha Odendaal

Information and communication technology group Telkom has sold its masts and towers infrastructure subsidiary Swiftnet for R6.75-billion to consortium Towerco Bidco. The newly incorporated entity... 


Float CEO Alex Forsyth-Thompson.
Fintech startup secures funding from Standard Bank
20th March 2024 By: Sabrina Jardim

Financial services firm Standard Bank has provided an $11-million facility to financial technology (fintech) startup company Float which will use the funds for the ongoing rollout of its... 


A unitrans tanker at a depot in the setting sun
Company invests in driver, vehicle management systems
15th March 2024 By: Halima Frost

Specialist transport group Unitrans continues to invest heavily in various event-based in-vehicle management systems (IVMS) to ensure the safety of its drivers, fleet and cargo in its chemical and... 


Person typing on a laptop
EOH's shares fall on warnings of further losses, lower operating profit
13th March 2024 By: Creamer Media Reporter

Information and communications technology (ICT) group EOH expects to report a lower operating profit and adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six... 


Telkom to support SMMEs at GEC+Africa congress
12th March 2024 By: Natasha Odendaal

South Africa’s start-up ecosystem is a thriving hub of innovative and talented entrepreneurs with a desire to scale, and in support of this, telecommunications group Telkom is providing five small,... 


Image of Huawei information technology product line president Dr Peter Zhou
Huawei launches three AI-focused data storage solutions
8th March 2024 By: Natasha Odendaal

Information and communications technology giant Huawei has launched three new data storage solutions aimed at tackling the challenges experienced, amid the rapid development of large artificial... 


Image of MTN Fintech Group CEO Serigne Dioum and Mastercard Eastern Europe, Middle East and Africa market development executive VP Amnah Ajma
MTN inks more deals to drive fintech, digital transformation
8th March 2024 By: Natasha Odendaal

South African telecommunications giant MTN Group has continued partnering with various global companies it drives its financial technology (fintech) and digital transformation ambitions and... 


Magazine Cover image
Teraco moves to grow and green SA data-centre footprint
8th March 2024 By: Schalk Burger

Digital transformation is happening in every industry and digitalisation of the economy is intensifying the need for highly available, and sustainable, information and communication technology... 


Gen AI, sustainability, monetisation key themes of 2024 TMT predictions
6th March 2024 By: Natasha Odendaal

Generative artificial intelligence (AI), sustainability and monetisation have emerged as three key themes in the 2024 edition of advisory firm Deloitte’s 'Technology, Media and Telecommunications... 


Image of MTN South Africa stakeholder relations GM Ramsey Mosethedi
MTN, community police forums advance theft and vandalism mitigation proof of concept project
5th March 2024 By: Natasha Odendaal

Telecommunications giant MTN South Africa is advancing its partnership with the Gauteng Provincial Community Police Board to tackle vandalism and theft at its towers in a proof-of-concept project... 


Icasa publishes draft amendments to the 2016 End-user and Subscriber Service Charter Regulations
4th March 2024 By: Natasha Odendaal

The Independent Communications Authority of South Africa (Icasa) has published further draft amendments to its 2016 End-user and Subscriber Service Charter (EUSSC) Regulations for comment.... 


Intelsat, Openserve partner to advance connectivity throughout South Africa
4th March 2024 By: Natasha Odendaal

Global integrated satellite and terrestrial networks operator Intelsat and South African telecommunications group Telkom subsidiary Openserve have embarked on a project that will modernise the... 


MDPMI public hearings start Monday
4th March 2024 By: Natasha Odendaal

The Competition Commission on Monday kicked off its month-long series of hybrid public hearings into its Media and Digital Platforms Market Inquiry (MDPMI), chaired by chief economist James Hodge,... 


IBM technical community leader Satish Babu
IBM investing in AI training to address technology skills gap
29th February 2024 By: Darren Parker

To address the impending skills shortage in the artificial intelligence (AI) and automation space, technology company IBM has launched initiatives to train two-million learners globally, focusing... 


Huawei unveils National Cloud 2.0
29th February 2024 By: Natasha Odendaal

Global digital transformation has reached a new stage of full intelligence driven by data and artificial intelligence (AI), said Huawei Hybrid Cloud VP Hu Yuhai. With this shift from moving... 


BCG highlights challenges, opportunities amid energy transition
28th February 2024 By: Sabrina Jardim

Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting... 


Solcon Capital chairperson Andile Ngcaba
IFC, Solcon Capital to provide growth capital funding for South African, Indian deep tech companies
28th February 2024 By: Schalk Burger

Development finance institution the International Finance Corporation (IFC) and technology investment company Solcon Capital have announced a strategic partnership aimed at identifying and... 


Huawei Cloud global marketing and sales service president Jacqueline Shi
Huawei showcases AI-oriented cloud solutions
28th February 2024 By: Natasha Odendaal

Huawei Cloud is accelerating the digital and intelligent transformation of industries as it presents cloud as the infrastructure of choice for artificial intelligence (AI). The company unveiled ten... 


Global aviation’s IT company celebrates 75 years of innovation
27th February 2024 By: Rebecca Campbell

Specialist air transport industry information technology (IT) group SITA is currently celebrating its seventy-fifth anniversary. It should be noted that the first controlled flight of a powered... 


Absa Group CEO Arrie Rautenbach
Absa launches repositioned brand, aims for human-centred banking
23rd February 2024 By: Sabrina Jardim

Financial services provider Absa has launched its repositioned brand, signalling a shift to a more deliberately customer-centric business with the new brand promise being the theme ‘Your Story... 


Rooftop solar panels
Teraco to build 120 MW solar plant after securing grid capacity allocation
21st February 2024 By: Schalk Burger

Data centre infrastructure and services company Teraco will start construction of a 120 MW utility-scale solar photovoltaic (PV) facility in the Free State after securing its first grid capacity... 


Image of Telkom signage
Telkom mobile subscribers near 20m
19th February 2024 By: Natasha Odendaal

Telecommunications group Telkom’s mobile subscriber base is nearing the 20-million mark, amid increased next generation (NGN) product uptake. In the trading update for the quarter ended December... 


Icasa reopens telecoms loadshedding inquiry comments period
19th February 2024 By: Natasha Odendaal

The Independent Communications Authority of South Africa (Icasa) has reopened the submissions process for its inquiry into the impact of loadshedding on telecommunications operators in South... 


Financial sector to use AI solutions to counteract sophisticated fraud strategies – SAS
15th February 2024 By: Schalk Burger

The challenge of fighting financial crime has become more complex and multifaceted, and the financial services sector will employ artificial intelligence (AI) solutions to counteract sophisticated... 


Most of construction industry expects busy, profitable 2024, survey shows
9th February 2024 By: Schalk Burger

A survey of the construction industry by construction software company RIB Software indicated that the industry in the sub-Saharan Africa, Middle East and North Africa (Mena) region is looking... 


Teraco head of platforms Michele McCann
Teraco offers Google Cloud interconnect at Isando campus
6th February 2024 By: Schalk Burger

Data centre services company Teraco will offer connectivity directly through Google Cloud Interconnect to the Google Cloud Johannesburg region at its Isando Campus. This announcement follows... 


An image depicting Maude Modise standing alongside two students
Shoprite Foundation launches robotics labs at KwaZulu-Natal high schools
1st February 2024 By: Sabrina Jardim

As part of the first phase of a programme to provide technology support for various schools around South Africa, the Shoprite Foundation launched two fully equipped robotics laboratories at the... 


‘Funding winter’ sees investments in African tech startups drop
30th January 2024 By: Schalk Burger

Total investment into the African technology startup ecosystem fell by 27.8%, to $2.4-billion, in 2023, down from a record $3-billion in 2022, as the impacts of the global capital shortage began to... 


Almost half of South African companies needed overhaul after cybersecurity incidents
23rd January 2024 By: Schalk Burger

Cybersecurity company Trellix's 'Mind of the CISO 2023' report found that nearly half of South African organisations found it necessary to completely overhaul the skills and qualifications of their... 


Itac rebates for optic fibre cables, electrical apparatus imports
23rd January 2024 By: Natasha Odendaal

The International Trade Administration Commission of South Africa (Itac) has created a rebate facility for the import of optic fibre cables and electrical apparatus used in international submarine... 


BLSA CEO Busi Mavuso
South Africa must build renewable energy momentum, and then move on to other sectors – Mavuso
22nd January 2024 By: Schalk Burger

The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World... 


More economic optimism, but CEOs concerned half of businesses may be unviable in a decade
18th January 2024 By: Schalk Burger

While the proportion of CEOs who are optimistic about global growth prospects increased from 18% to 38% in assurance, advisory and tax services company PwC's twenty-seventh 'Annual Global CEO... 


Global AI Governance Alliance calls for inclusive access to AI data, resources and education
18th January 2024 By: Schalk Burger

The World Economic Forum (WEF) Artificial Intelligence Governance Alliance (AIGA) is calling on experts from various sectors to address several key areas of AI, including improving data quality and... 


An image depicting Dobsonville housing
Joshco releases app to help tackle fraud, corruption in housing application process
18th January 2024 By: Sabrina Jardim

In a strategic move to tackle inefficiency, fraud and corruption, the Johannesburg Social Housing Company (Joshco) has transitioned from a paper-based application process to a leasing app. The... 


Datacentrix CEO Ahmed Mahomed
Convergence to acquire Datacentrix from Alviva
17th January 2024 By: Schalk Burger

Private equity investment management company Convergence Partners, through its Convergence Partners Digital Infrastructure Fund (CPDIF), has entered into a definitive agreement with information and... 


A railway line
Critical infrastructure failure the biggest business risk in South Africa this year
16th January 2024 By: Schalk Burger

Critical infrastructure blackouts have emerged as the number one risk for businesses in South Africa for the second consecutive year, highlighting the severe impact of power outages and the failure... 


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