DiData bids for Kenyan telco
Dimension Data has made an open market offer to purchase 100% of the issued share capital of NSE-listed AccessKenya, for KES14.00 per share. Based on the 218-million shares in issue, this is equivalent to KES3,052-billion. The offer is a premium of 42% above the...Tech Mahindra SA opens as JV
Global IT services organisation Tech Mahindra has entered the South African market through a joint venture (JV) with local company Falcorp Technologies. The company, which specialises in the telecommunications market, already has a footprint across Africa, with about...Ovum puts Gijima platform on watch list
Global analyst and consulting firm Ovum has recognised Gijima’s mobileIT platform as a technology to watch for its potential impact on the market, becoming the first African solution to receive such an accolade. “The mobileIT platform seeks to weave together the...Altech CEO takes pay freeze, no bonus
Altech Group CEO Craig Venter has decided to forego his bonus for the 2012/13 financial year. “The board appreciates Mr Venter’s decision, as it clearly demonstrates that he continues to place the interests of all stakeholders above short-term considerations,” says...Cable theft disrupts Telkom service
Theft of a major copper cable in the City Deep exchange area has resulted in the disruption of Telkom services. During the early hours of 4 May 2013, cable thieves cut and stole three metres of 2 400 pair main cable in a manhole on the corner of Heidelberg road and...