Author: Staff Writer

South Korean tech giant LG Electronics is buying Cybellum, a leading vehicle cybersecurity risk assessment solution provider. The deal allows LG to assume an approximate 64% stake in the tech company valued at $140 million or R2 billion, a strategic move that will enhance LG’s cybersecurity capabilities and accelerate its efforts to become an Innovation Partner for Future Mobility. Remaining shares will be acquired in the near future with the final valuation and total investment amount to be confirmed at that time. On top of this initial investment, LG committed to a simple agreement for future equity (SAFE) to invest…

Africa’s largest security services provider has been created after the Competition Tribunal approved the acquisition of digital signature services company Lawtrust by JSE-listed Altron. The R245-million deal will see Lawtrust being integrated into Altron, which also acquired identity management market leader, Ubusha Technologies, in 2019 to form Altron Security. Altron Group Chief Executive, Mteto Nyati, said the acquisition of Lawtrust positioned Altron Security as a one-stop shop for digital and information security. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions,…

Africa Data Centres, the only pan-African network of interconnected, carrier-and cloud-neutral data centres on the continent, has completed its new Johannesburg data centre, based in its Midrand Campus which is one of the largest in Africa. This state-of-the-art facility, designed with the latest global standards is the ideal location for technology companies and enterprises to secure IT infrastructure in an interconnected environment. This ultra-modern facility continues to strengthen the leading position that Africa Data Centres has in the South African market. The new hyperscale data centre is one of the continent’s most significant data centre deployments, which alongside existing facilities across…

Vodacom, and Mondia, a private m-commerce company dedicated to connecting, digitalising and monetising mobile consumers, announced the rollout of the Mum & Baby maternal health service across Lesotho from September 2021. Mum & Baby is a freemium mobile health intervention that provides Vodacom subscribers with maternal, neonatal and child health information designed to encourage good health practices amongst pregnant women, mothers, partners and caregivers. Vodacom partnered with Mondia to create Mum & Baby’s tailored content, which includes videos, expert articles, and information-sharing SMS messages. Mum & Baby also provides interactive tools including a due-date calculator, an immunisation calendar, a medication…

We thought it was important before, but in the Covid-19 era, the need for fast and reliable internet has become completely indispensable. At one point or another, the majority of industries have required employees to work from home, and many parents have had to battle the demands of online learning when schools have been forced to close. Fortunately, the HUAWEI Wi-Fi6 AX3 router is here to meet all your connectivity needs. The world’s first Wi-Fi 6 plus wireless router, the HUAWEI Wi-Fi6 AX3, runs at 3000Mbps, more than two times faster than the Wi-Fi5. Also, while Wi-Fi 5 routers and…

South Africa’s Telkom is planning to float its masts and towers business on the Johannesburg Strock Exchange. Swiftnet is a Telkom subsidiary under management by Gyro. Swiiftnet has 6 225 masts and towers, it is South Africa’s largest independently run tower portfolio. Telkom Group CEO, Sipho Maseko, says the approach to separate Telkom’s businesses has enabled clear visibility of the growth potential of each business. Under the management of Gyro, Swiftnet has diversified its tenancy with 56% of its tenants coming from the industry. According to Maseko the current Telkom valuation is not a true reflection of its intrinsic value.…

Finclusion Group has announced the acquisition of a strategic stake in HelloHR, a South African payroll software startup. The acquisition forms part of Finclusion Group’s strategy to provide holistic financial wellness products through employers, and will aid HelloHR customers by giving them access to Finclusion Group’s wage-streaming, financial wellness and insurance products. Finclusion CEO Timothy Nuy says that the acquisition marks the start of a symbiotic partnership that enhances both companies’ individual product offerings. “HelloHR will a contribute to the Finclusion Group platform, strengthening all offerings through improved customer experience and increased customer retention rates. The relationship allows the Group…

In a bid to get more South African homes connected, MultiChoice has launched DStv Internet to provide internet access to those who do not have access to fibre services. The move to bring more value to customers and diversify its offering is part of MultiChoice’s ongoing evolution from a traditional video entertainment business. MultiChoice delivers DStv, GOtv and Showmax to more than 20 million households across 50 countries in Africa, with the convenience of being able to enjoy content anytime, anywhere via satellite or streaming. DStv Internet is a fixed wireless access service, which means that customers can now get…

As more industries move to secure their data and protect customers, deploying outdated technology that cannot withstand modern security threats is simply bad business practice. For the many companies looking to replace legacy solutions like SMS OTP with stronger authentication mechanisms, or supplement OTP-based solutions with more robust alternatives, GSM authentication offers a compelling solution – both for the business and their customers. “SMS OTPs were a good go-to solution, but they are long past their sell-by date. Companies must look for better step-up authentication methods if they hope to fulfil their duties of protecting customers and their data,” says…

Approved recipients of the R350 Social Relief of Distress (SRD) grant can collect their benefit from Pick n Pay and Boxer stores nationwide from Wednesday, 22 September. Pick n Pay and Boxer are the first retailers to become a collection point for the SRD grant. “Pick n Pay and Boxer are proud to assist grant beneficiaries access their funds more conveniently and safely, ensuring they receive much needed relief quicker than before,” says John Bradshaw, retail executive: Omnichannel, Pick n Pay. Step-by-step process to collecting the SRD grant:  The grant applicant receives an SMS from the South African Social Services…