IT spend slows in emerging markets

Worldwide IT spending will increase by 4,1% in constant currency this year, down from a previous forecast of 4,6% – and also down from last year’s growth of 4,5%. According to The International Data Corporation (IDC) Worldwide Black Book, IT spending has been...

Vodacom clinches R7bn Neotel deal

It’s official: Vodacom is to buy Neotel for R7-billion. Shareholders of the two organisations today announced they have favourably concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100% of the shares of Neotel valued at an...