RSA Security closes SA offices
US-based RSA Security has closed its offices in SA but will retain a presence through an indirect channel model.
Aqua chief steps down
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.
New technology VC fund enters SA
Ethos Private Equity has launched a R205 million venture capital (VC) fund targeting young local IT companies.
Y3K chief steps down to become software dealer
Sonny Fisher has resigned as CEO and director of JSE-listed Y3K, embarking on a new career as a software dealer.
Cricket Web site has fans fuming
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.
More ructions over cricket system
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.
World Cup ticketing system running smoothly, says DiData
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.
SBS in major empowerment deal
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.
Prada hopes for African rescue
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.
Prism profit warning 'accounting-based`
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.
Paracon to buy resurrected Software Futures
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.