ITWeb Honours SA’s Top CIOs of 2026 | ITWeb Tech Headlines, 19 - 24 October 2026
These are the stories making headlines on ITWeb this week. Transnet group CIO Pandelani Munyai and Absa's Jochem Melis, CIO of cloud, infrastructure and core platforms, were named the top public and private sector CIOs at the ITWeb Brainstorm CIO Awards 2026, with Sanlam's Theo Mabaso receiving an honourable mention.
Group CFO Ashona Kooblall received R10.6 million in remuneration, including R4.62 million in shares, while CEO Rhys Summerton received no base salary.
The company establishes a centralised acquisitions function to identify tech businesses that can strengthen its capabilities.
The company increases profit after tax to R357 million, improves its EBITDA margin to 11% and targets R680 million in FY2027.
The former EOH business buys Cape Town-based ERP specialist Astraia Technologies − its second deal since returning to profitability.
The JSE-listed tech group returns to growth, with profit surging and its first deal in eight years as it moves ahead with its growth strategy.
The company repurchases an additional 2 183 365 shares under its ongoing share buyback programme.
The shares were bought at prices ranging between 398 cents and 400 cents per share, for a total consideration of R9.38 million, excluding transaction costs.
As the now profitable listed technology company trims debt, it is turning its focus to deals.
The listed technology solutions company, formerly known as EOH, reports positive year-end headline earnings per share for the first time since 2019.
Despite a 6.4% revenue decline, the JSE-listed technology services firm achieved a 159.3% increase in EBITDA for the six months ended 31 January.
Marius de la Rey has resigned as interim CEO and executive director of iOCO, formerly known as EOH.
The company appoints Ashona Kooblall as executive director and group chief financial officer, with effect from 22 July.