Datatec, SA’s biggest listed technology group, said on Tuesday that its subsidiary, Westcon, had acquired Sentronics, a local value-added distributor of security systems. Datatec did not disclose the value of the deal. Westcon is Datatec’s biggest subsidiary
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With just a week to go before Vox Telecom terminates its listing on the JSE, founder and CEO Doug Reed wants to return the company to its “entrepreneurial roots”, away from the public glare that comes with being a listed company. And he wants to get the company back
Absa, SA’s largest retail bank, is to roll out contactless payment systems by the end of this year. Supported at first by cards that are equipped to make payments by means of tapping them on a reader, these same readers will eventually be able to accept
Playlist Central is a new local music streaming website that launched on 1 November and, like similar international websites such as Grooveshark, offers access to thousands of songs, all in one place. But, like many of its international equivalents, it could soon find itself
Vodacom has declared an interim dividend of 260c/share, translating into an almost R3,9bn windfall for the company’s shareholders. The interim dividend has been hiked by 44,4%. The JSE-listed cellphone group announced the dividend alongside its interim
Andy Baker has become the third top executive at JSE-listed technology and telecommunications group Reunert to quit in as many months, following the departure of CEO Nick Wentzel in September and commercial director Gerrit Oosthuizen last month. Baker, who will
Defence company Denel appears keen to play down its association with the armaments industry and has started actively punting how it believes its research and development efforts are benefiting other industries, and even assisting SA’s ambitions to have a space
Vodacom Group chief financial officer Rob Shuter has been named as new CEO of Vodafone in The Netherlands. He will take up the new position on 1 March 2012, and will step down as a director of Vodacom at that time. Shuter, who had previously worked at Nedbank, will have been at
Pay-TV broadcasters MultiChoice, owner of DStv, and On Digital Media (ODM), which owns TopTV, have signalled their intention to fight a proposal by the National Consumer Commission that would, if implemented, force them to offer consumers the ability to
Google’s popular YouTube video service is now available in Zulu and Afrikaans. The SA version of the site, at www.youtube.co.za, was launched in May 2010 and was the first localised YouTube edition in Africa. The Internet giant took the wraps off the Zulu and Afrikaans