Rob Rose

[Johannesburg, SOUTH AFRICA] South African Information Technology firm Datatec bolstered its share price by over six percent on Monday courtesy of two international acquisitions amounting to over $60 million. The company’s US division, Logical, this week concluded arrangements for the acquisition of e-business solutions company US Puget Sound Systems (PSSG) for a maximum of $52.5 […]

[Johannesburg, SOUTH AFRICA] Mobile commerce and smart card company Prism Investment Holdings revealed yesterday that it has terminated negotiations to acquire Telesmart Developments after the U.K. based software company rejected renegotiated terms. When negotiations began towards the end of last year, Telesmart’s business was on the up and Prism suggested at the time that they […]

[Singapore, 11 August 2000] – Dimension Data’s subsidiary, Datacraft Asia, this week announced yet another networking acquisition in the region, that of Microsoft’s leading Asian business partner, Multisoft Singapore Pte Ltd in a deal worth S $12.1 million (US $7 million). Under the agreement, Datacraft has incorporated a wholly-owned subsidiary, Multisoft IT Solutions (MIT) which […]

[Johannesburg, SOUTH AFRICA] According to Internet Service Provider M-Web, over 6 percent of South Africa’s national population accesses the World Wide Web, a penetration rate exceeding that of any other country in Africa, Latin America or in the Asian Pacific region. With MediaAfrica’s recent Internet Services Survey placing Internet users in South Africa at 1.82 […]

[Johannesburg, SOUTH AFRICA] Convergent banking and IT group Nedcor announced on Monday that it has taken a 74.9% stake in Indian IT firm, Nihilent Technologies in exchange for a $10 million (R70 million) investment. The Mumbai-based start-up was established by Indian IT ‘personality’ LC Singh, focusing on e-business software development and IT consultancy. The company […]

[Johannesburg, SOUTH AFRICA] South Africa’s largest retail banking group, Absa, revealed yesterday that it has put aside plans to launch a stand-alone Internet-only bank under a seperate brand. The banking group announced yesterday that it has revised its e-commerce strategy and indefinitely put aside plans to launch the Internet-only bank that was initially scheduled to […]

[Gabarone BOTSWANA] Internet networking company UUNET SA has expanded its African Internet presence by acquiring a 50 percent stake in Botswana ISP Interswana for an undisclosed sum. UUNet, already with Internet operations in neighboring Namibia and having installed networks in countries as far away as Nigeria and Swaziland, believes that this deal will provide them […]

[Johannesburg, SOUTH AFRICA] South African Internet platforms and media operations company MIH Holdings announced yesterday that it has concluded three content deals with the largest television network in the world, China Central Television (CCTV). The deal, signed yesterday in Johannesburg, will involve content sharing and a co-operative agreement between MIH and the national television network […]

[Blantyre, MALAWI] The Malawian Communications Regulatory Authority is fighting to regain the national Internet domain for the country that it claims has been hijacked by a South African businessman. The MCRA claims that Malawian ISP’s have been prevented from connecting customers to the domain ‘mw’ since Chris-Cope Morgan registered the domain in 1998 and then […]

[Johannesburg, SOUTH AFRICA] Datacraft Asia, a subsidiary of South African IT company Dimension Data, has completed the implementation of the first Internet protocol multicasting network in the Korean financial sector. The network, designed and implemented for the stockbroking division of the Hyundai Corporation, Hyundai Securities, will provide the company’s 1,2-million Asian customers and 150 branch […]

[Johannesburg, SOUTH AFRICA] Dimension Data, everpresent in the news since their listing on the London Stock Exchange last week, announced today that it has formed a global networking partnership with Sun Microsystems. The companies expect this partnership to further expand their respective international e-business presence. This partnership will see Didata combine its network offering with […]

[Okinawa, JAPAN] Speaking after the conclusion of the G8 summit on the Japanese island of Okinawa, South African President Thabo Mbeki pledged to bring the African continent into the electronic information age. Mbeki, who had earlier secured a G8 commitment to the launch of an investigative “Dot Force”, said that the availability of technology and […]