Author: Chris Anu
Sandile Dube, MD South Africa at Equinix. Technology distributor Axiz has announced a distribution partnership with global digital infrastructure company Equinix to make Equinix’s data centre and interconnection solutions available in SA and Africa.The partnership means businesses will gain access to colocation services at the Johannesburg IBX data centre, the Equinix Fabric software-defined interconnection service and the wider Equinix ecosystem of cloud providers, networks and enterprises.Craig Brunsden, CEO of Axiz, said: “By partnering with Equinix, Axiz can now offer partners a straightforward route to reliable colocation and interconnection services, backed by global standards of performance and security.”Increasing cloud adoption in…
Business conditions in South Africa’s private sector improved for the fifth month running in September, buoyed by a rise in output and new orders, S&P Global reported on Friday. The Purchasing Managers’ Index (PMI) edged up to 50.2 in September from 50.1 in August, indicating a mild improvement in the sector’s health. PMI readings above 50 signal growth, while those below indicate contraction. The uptick in activity was underpinned by a sustained easing of cost pressures, with input prices rising at their slowest rate in nearly a year. Another softening of price pressures in September is a further boon to…
Naspers units like Takealot were trading at a discount . Naspers’ fourth share split in its history is already showing positive momentum, with the stock up almost 4% over five days at its post-split price.The company’s move is aimed at boosting liquidity, making it easier for more investors to buy and sell the shares.”As from 6 October 2025, every Naspers shareholder will own five Naspers shares for every one he or she currently holds,” the lifestyle and e-commerce group explains in a recent advertorial.This misleadingly drops the share price to 20% of its initial value. In reality, each investor’s combined…
Solidarity CEO Dirk Hermann Trade union Solidarity has signed a deal with US company Propay Prime US to export South African IT skills – online, from South Africa. Propay, which focuses on unions, non-profits and enterprises, delivers software as a service platforms, financial services and DevOps solutions. Solidarity has paid a number of visits to the US this year as part of efforts to convince President Donald Trump to exert pressure on South Africa to abandon what it has described as the “racist” policies of the ANC government and to place sanctions on certain “corrupt” ANC leaders. We want people…
Flenk Mnisi, acting chief operating officer of Sentech and Anton Jooste, MD of digital services for South Africa at Seacom. Submarine cable operator Seacom and signal distributor Sentech have signed a memorandum of understanding to accelerate the growth of small, medium, and micro enterprises (SMMEs) in South Africa’s telecommunications sector.The agreement, signed at Seacom’s Johannesburg offices on 29 September, outlines a 12-month collaboration aimed at advancing the contributions of SMMEs to South Africa’s digital economy through targeted support.According to the companies, the partnership also recognises the vital role of SMMEs in driving economic growth, creating jobs, and shaping South Africa’s…
Seacom last week announced that it plans to build one of the highest-capacity subsea broadband cable systems the world has ever seen. Dubbed Seacom 2.0, the cable system – which will have an expected design capacity of a staggering 2 000Tbit/s – will be larger than the company’s original system, which brought high-speed connectivity to Africa’s eastern coastline when it was launched in 2009. The new system, which will include an “express route” from South Africa to Singapore and leg around South Africa to Lobito in Angola – and which will also cover much of the same East African coastline…
Shen Li, President of Huawei Northern Africa, delivers the opening speech. Held on September 18 alongside HUAWEI CONNECT 2025, “Huawei Africa Night 2025” convened under the theme “All Intelligence for New Africa”. More than 500 partners, government representatives, experts, and industry leaders gathered to share the latest advances in ICT (information and communications technology) innovation and collaboration, with a common goal: advancing the continent’s intelligent transformation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251001211370/en/Shen Li, President of Huawei Northern Africa (North, West, and Central Africa), said the continent is at a pivotal inflection point, transitioning from informatization…
E.tv owner eMedia has acquired a 30% stake in Pristine World Holdings, a specialist provider of visual effects services to global film and television markets, for R119-million. The purchase will be made by eMedia Investments and payment made to Pristine World owner Convergence IT Services FZCO – a company incorporated in United Arab Emirates. In a statement to investors on Thursday, eMedia said the move will help the company expand into secondary content creation markets by leveraging Pristine World’s services, which include computer-generated imagery, motion capture, digital compositing and animation. “This investment forms part of eMedia’s strategy to diversify and…
Broadband Infraco CEO Gift Zowa. Fibre-optic infrastructure companyBroadband Infraco (BBI) yesterday officially launched its 800Gbpsintelligent backbone network, in collaboration with Huawei SA. The launch, which took place at Gallagher Convention Centre, in Midrand, was attended by government and industry stakeholders, including the communications ministry’s leadership. BBI is one of several entities under the stewardship of the Department of Communications and Digital Technologies (DCDT), with the mandate of bridging the digital divide. The entity is among those tasked with the roll out of the South Africa Connect (SA Connect) project. The state-owned entity offers long-distance national and international backhaul connectivity. Its…
AI start-ups are attracting record sums of venture capital, but some of the world’s largest investors warned that early-stage valuations are starting to look frothy, senior investment executives said on Friday. “There’s a little bit of a hype bubble going on in the early-stage venture space,” said Bryan Yeo, group chief investment officer at Singapore sovereign wealth fund GIC, as part of a panel discussion at the Milken Institute Asia Summit 2025 in Singapore. “Any company start-up with an AI label will be valued right up there at huge multiples of whatever the small revenue is,” he said. “That might…