Articles
US-based RSA Security has closed its offices in SA but will retain a presence through an indirect channel model.
Tal Harpaz, joint-CEO of JSE-listed e-commerce company Aqua Online, has resigned as the company begins to move part of its UK operations back home.
Ethos Private Equity has launched a R205 million venture capital (VC) fund targeting young local IT companies.
Sonny Fisher has resigned as CEO and director of JSE-listed Y3K, embarking on a new career as a software dealer.
While ITWeb received a deluge of angry letters from cricket fans unable to buy tickets for the World Cup, Dimension Data says 135 000 tickets sold in two days is not a failure.
Misunderstanding over the contracts for the payment gateway used in the ticketing process for the 2003 Cricket World Cup is adding to the furore surrounding the international sporting event.
An overloaded ticketing system left World Cup cricket fans seething yesterday, but system developer Dimension Data says transactions are flowing smoothly today across all channels.
Black empowerment consortium Sifikile Investments has taken a 30% equity stake in Siemens Business Services (SBS), and another SBS contract worth more than R1 billion can be expected in the next eight weeks.
Auditors of JSE-listed Prada Technologies have expressed concern over the company`s ability to continue to operate without additional financing, but management says a big African deal will bail it out.
JSE-listed secure payments company Prism says its latest profit warning is due in part to it re-aligning its accounts to reflect accurate valuations of its operations.
Despite previously denying it would ever sell, MGX is to shed CCH stalwart company Software Futures to Paracon in a deal which will almost certainly be settled in cash.
Xerox SA says it is not affected by the international company`s accounting woes as it operates as a joint venture with JSE-listed Bytes Technology, and uses South African accounting practices.