The three major credit rating agencies – Moody’s, S&P Global and Fitch – have often differed among themselves when rating African institutions and countries. Their opinions don’t have to be aligned, but a huge gap in the ratings suggests inaccuracies in the analyses. Wrong ratings have consequences. They drive up the cost of capital. Lower…
The Department of Home Affairs seeks handheld mobile devices for its inspectorate unit. National Treasury’s eTenders Portal experienced problems over the weekend, but determined players within the ICT industry would have discovered a slew of interesting technology requirements from various departments and state-owned entities. Nevertheless, it is a tender from the Department of Home Affairs…
The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, has called on the African Union to place xenophobic attacks against Africans, particularly Nigerians in South Africa, high on its peace and security agenda, insisting that no African should feel unsafe anywhere on the continent. In a press statement on Wednesday signed by the ministry’s…
Emile Burger Emile Burger is stepping down as CEO of Tarsus Distribution, the company said on Wednesday. He had been in the role for 14 months. Burger, who served as chief financial officer before taking the top job, is leaving for “personal reasons” and will remain during a notice period to hand over to interim…
The envisaged transversal contract includes all networking solutions and related services. (Image source: 123RF) It’s a week for big names on National Treasury’s eTenders Portal, with half of the top tenders involving national and provincial departments. The remainder of the featured tenders will also attract the ICT sector’s interest as more complex requirements return to…
Morocco has edged South Africa off the top of an industrialisation index, but the country’s automotive body says South Africa remains the continent’s dominant vehicle producer and its shift to electric models is “on track”. South Africa remains by far the largest vehicle manufacturer on the continent, and its move to new energy vehicles is…
Prof Francesco Petruccione IBM this week claimed the first sub-nanometre chip, a generation it calls the 0.7nm, or 7-angstrom, node. It says the design packs nearly 100 billion transistors onto a fingernail-sized surface, about twice the density of its 2nm chip from 2021, with up to 50% more performance or 70% better energy efficiency. Production…
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Last week, the Nigerian stock market witnessed one of its sharpest declines so far this year, depreciating by 3.6 per cent as sell-offs in bank stocks hammered the benchmark…
The opening round of matches at the expanded 2026 FIFA World Cup delivered plenty of drama, surprise results and goals as all 48 teams began their campaigns across 12 groups. Several underdogs made headlines in the first week of the tournament, with debutant Cape Verde holding former champions Spain to a goalless draw, while Morocco…
Employers are prioritising junior IT recruitment to build long-term internal skills pipelines. (Image created via ChatGPT) Despite South Africa’s ongoing IT skills shortage, the sector continues to create entry-level opportunities for young people entering the labour market. Systems administration and software development have emerged among the country’s top graduate-level career entry points. According to Pnet’s…
