Insurers to spend more than $1bn on ICT

Global insurers will increase IT spending to almost $101-billion in 2015, a year-on-year increase of 4,4% compared to 2014, with rigorous investments in technologies to boost efficiencies and innovation. This was unveiled in the recently published report by IDC...

Resilience key for African supply

Successful companies in 2015 will be those that can adapt to the fast changing global environment, such as unstable currency markets, the fast growing global population and rising number of Internet users, and make them work in their favour. This is according to...

E-toll panel calls for further review

An advisory panel report on the socio-economic impact of the e-tolls in Gauteng has recommended that elements of the current e-toll system must be reviewed to address issues such as affordability. “The main recommendation of the panel is that elements of the current...

Vigo aims to pick up Woza Online SMEs

South African tech start-up Vigo says it is ready to provide a Web site solution to small to medium enterprises (SMEs) and start-ups after Google SA announced the shutdown of its free Web site tool, Woza Online, leaving a large number of SMEs without an online...

Eskom disappoints Earthlife

Yesterday’s State of the Power System briefing from Eskom left a lot to be desired, says Earthlife Africa. The group comments that, besides issues on financial and environmental sustainability barely being addressed, what was really missing from the briefing was an...

Sterling 2014 performance from Intel

Intel has reported full-year revenue of $55,9-billion, operating income of $15,3-billion, net income of $11,7-billion and EPS of $2.31. The company generated approximately $20,4-billion in cash from operations, paid dividends of $4,4-billion, and used $10,8-billion to...