180 The Competition Commission has approved a deal that will see Open Access Data Centres expand its local footprint through the acquisition of a portfolio of data centre facilities from NTT Data…
Category: Business
Tribunal clears Vumatel’s takeover of Herotel
153 The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel,…
Medical Association wants government to prioritise healthcare over political pay increases
121 It is time for government to get its priorities straight and stop giving political appointments and government pay increases higher than inflation. Disgruntled citizens often refer to the “fat cats” in…
Koos Bekker sells R2.5-billion in Naspers and Prosus shares
97 Koos Bekker Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days, according to regulatory disclosures. Filings published by Naspers and its…
How First Technology Western Cape supports green IT initiatives
109 Sustainability, once a side concern in the technology industry, has become a core business priority. It is being fuelled by soaring energy costs, environmental regulations and growing pressure from customers and…
Food prices slightly down compared to previous month and year
111Low-income consumers only saved a few rands on food in December and now they have to face January with all its expenses. The prices of food items included in a household food…
First Technology Western Cape delivers the tools – and intelligence
136 The pace of business moves so quickly today that companies need more than just technology. They need solutions that work together seamlessly. They must manage the challenge of managing complex IT…
Why banks and insurers need a single decisioning brain as pressures collide
125 The banking, financial services and insurance sector is navigating an unprecedented convergence of economic and regulatory pressures. Rising cost-of-living pressures, household cash-flow stress, regulatory expansion and new risks linked to climate,…
Trendy Pep Home runs rings around Mr Price
94With over 470 outlets and rapid expansion, Pep Home has surpassed competitors. At the end of September 2024, Pepkor had 426 Pep Home stores in South Africa. It hasn’t yet disclosed the…
Lou Gerstner, the man who saved IBM, dies at 83
124 Lou Gerstner speaking in 1998/Reuters Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an e-mail…