Friday, November 27, 2020

Latest News

ConvergeNet director steps down
Outsourcing

ConvergeNet director steps down

JSE-listed ConvergeNet says lead independent director Mpho Scott has stepped down, because of changes within the company, after a majority stake was bought out. In February, a consortium, led by Trinity Asset Management, bought a…

Loophold promotes security diagnostic tool
Security

Loophold promotes security diagnostic tool

Martin Tassev. MD, Loophold Security Distribution. Loophold Security Distribution, the local distributor of Trustwave information security and compliance solutions, is promoting Trustwave's SIEM solution as a cloud-based service to the local market, through its channel…

Powertech CEO quits
Hardware

Powertech CEO quits

JSE-listed Altron says Norbert Claussen, Powertech CEO, has resigned and will leave the company and relinquish his position on the Altron board at the end of June. Altron, which is due to publish its results…

Shoddy planning costs ICASA R1bn
Financial

Shoddy planning costs ICASA R1bn

ICASA's unlawful act of postponing the implementation of a new fee structure creates a number of practical difficulties, says chairman Stephen Mncube in an affidavit. The Independent Communications Authority of SA's (ICASA's) postponement of a…

Microsoft buys Nook stake
Financial

Microsoft buys Nook stake

Microsoft is jumping into the fast-growing e-books market by investing $605 million over five years in Barnes & Noble's Nook e-reader and college business, as it looks to unlock Amazon.com and Apple's grip on the…