Africa Business, Author at AfricaBusiness.com

10Oct

By Africa BusinessNo Comments

SA fanatical gamers are in for more entertainment

By Thandisizwe Mgudlwa Oh ye! South African gaming solution is responding to high demand from fanatical gamers. And this week, gamers are to benefit from a niche product from South African hosting solution provider, Openweb. Reports show that the launch of its new 4MB and 10MB Uncapped Gold Solution positions itself square in the heart of SA gamers, answering a genuine local need for the type of reliability and bandwidth demanded in supreme quality gaming. Keoma Wright, Openweb CEO, explains: "The contention ratio is why Gold Uncapped works so well. We keep contention low and prioritise traffic for gaming. Latency can make or break a gamer - if your ISP doesn't add a priority flag on your gaming traffic, even if your gaming connection seems to be working well, you won't stan...

10Oct

By Africa BusinessNo Comments

African News, South Africa News

South Africa: John Thompson flying higher

By Thandisizwe Mgudlwa Here is a company that knows how to make it big in the international business arena. The South African group, John Thompson is continuing its strong international performance with multiple export orders into the East African tea industry, brewing industry and the highly competitive Far East market, research reveals. According to JT, the tea industry, mostly concentrated in the East African region, has placed orders for a total of five wood-fired boiler units during the year to date. This industry also has vast tracks of land available for planting of blue gum trees making this the cheapest and most sustainable fuel. And the John Thompson Simpac boiler has been custom designed for wood log firing. It complies with latest design code yet is robustly built ...

10Oct

By Africa BusinessNo Comments

African News

Africa’s IT industry gearing up toward the clouds as summit launches into day one

Africa's IT industry gearing up toward the clouds as summit launches into day one (Microsoft Word) The anticipated 3rd annual Cloud and Virtualisation Summit Africa is taking place at the Hilton Hotel in Sandton, Johannesburg, from 10 to 11 October 2012. The event is hosted by international business-to-business conferencing company, Kinetic Events. The must-attend event is aimed at business and technology leaders who need to understand how cloud computing and virtualisation is fundamentally transforming the way in which we think about, acquire and use computing resources. South Africa, Republic of, Oct, 2012 – The Cloud and Virtualisation Summit Africa offers innovative resources, ideas and best practice case studies enabling your enterprise to apply them immediately in o...

10Oct

By Africa BusinessNo Comments

Energy, Green Energy

Hyundai goes big at GulfSol 2013

Hyundai Heavy Industries has confirmed a major presence at GulfSol 2013 (3-5 September 2013, Dubai World Trade Centre), with the reservation of a prime-located 100 sq metre exhibition stand. The Korean solar giant has always been a key mover in emerging markets, and this sizeable booking sends out a clear message of intent to its competitors that it is making a major focus on the MENA region in the coming years, and wants to ensure it has first-mover advantage. “Even though there are 12 months to go, the demand for space has been fantastic” says Nick Thomson, Exhibition Director, GulfSol 2013, “and this move by Hyundai sends out a clear message to all those still contemplating the size and location of their stand at the show to book in early whilst there is space still available a...

10Oct

By Africa BusinessNo Comments

African News, South Africa News

EIGHT OUT OF TEN COMPANIES STEP ON TO THE CLOUD

Johannesburg, South Africa: 11:30am 10 October 2012 – Nearly 80 per cent of organisations either use Cloud computing in their business or are planning to do so over the next 12 months, an audience of South African business executives heard today. Visitors to the Cloud and Virtualization Africa Summit attended a workshop by KeyedIn® Solutions, the global SaaS (Software as a Service) solutions provider and consulting organization that has recently established an office in Johannesburg. The workshop ‘Cloud Computing and the Changes to the Way we see Technology’ was presented by Patrick Coulbourne, VP Channels and Ecosystems and Hugh Muller, Director of Channels and Ecosystems, Africa. Patrick Coulbourne, who has more than 18 years’ experience in the technology space, told his audi...

10Oct

By Africa BusinessNo Comments

African News, Ghana News, South Africa News

Summit aims to encourage enterprises and governments to be tech intensive and ICT empowered

Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. South Africa, Republic of, Oct, 2012 – Globally, information and communication technology (ICT) has proven to be a driving force and an enabler for socio-economic development. In order to facilitate successful ICT policies and strategically plan for further development in West Africa, enterprises and governments are now being encouraged to fully understand and implement s...

8Oct

By Africa BusinessNo Comments

African News, Ethiopia News

Polaris to Implement Intellect Quantum Core Banking Solution in National Bank of Ethiopia

ADDIS ABABA, Ethiopia and CHENNAI, India, October 8, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — Ethiopian Central Bank chooses Polaris’ Intellect Quantum CBS specifically designed for Central banks Polaris Financial Technology Ltd (POLS.BO), a leading global Financial Technology Company, today announced that National Bank of Ethiopia, an important Central Bank in the African continent, has chosen to implement Polaris’ next-generation Intellect(TM)Quantum Core Banking Solution (CBS) for Central Banks. Polaris’ Quantum CBS will be National Bank of Ethiopia’s new core banking system, comprising Core Banking, General Ledger, Trade Finance, Treasury and Enterprise Reconciliation. The future-ready core banking system will support the Central Bank with a comprehen...

8Oct

By Africa BusinessNo Comments

African News

World Bank Launches New Fund to Help African Countries Negotiate Best-Possible Deals for their Oil, Gas, and Minerals

PARIS, October, 2012―With new discoveries of oil, gas, and other minerals generating a wave of significant mineral wealth in African countries, the World Bank today launched a new fund to help countries on the continent level the playing field and ensure equitable deals in their natural resource contracts with international companies. With Africa holding 15% of the world’s oil reserves, 40% of its gold, and about 80% of the platinum group of metals, natural resources represent important development opportunities for the continent. For example, oil production has been growing steadily in Africa, and is expected to continue to rise at an average rate of six percent per year for the foreseeable future. At the 40th Anniversary Meeting of the Zone Franc Monetary Union in Paris today, attended b...

8Oct

By Africa BusinessNo Comments

African News

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South Africa, the continent’s largest economy, growth in Sub-Saharan Africa is forecast to rise to 6 percent. African exports rebounded notably in the first quarter of 2012, growing at an annual pace of 32 percent, up from the -11 percent pace recorded in the last quarter of 2011. African countries have not been immune to the recent bout of market volatility stemming from the Euro Area crisis, as well as the growth slowdown that is occurring in some ...

24Aug

By Africa BusinessNo Comments

African News

Africa INX, Leading ISP In S. Africa, Deploys RADWIN 5000 To Drive High-capacity Services To SMEs

RADWIN's wireless broadband radios operate in heavy interference & non line-of-sight TEL AVIV, Israel, Aug. 23, 2012 /PRNewswire/ -- RADWIN (www.radwin.com), the global provider of Backhaul and Broadband Wireless solutions, today announced that Africa INX, an ISP based in Gauteng, deployed the RADWIN 5000 point-to-multipoint solution to deliver high-capacity services to businesses requiring a reliable, fast connection. The RADWIN 5000 base station was installed at the Irene Mall, and covers the entire R21 office park. The RADWIN installation is also backhauled into the Africa INX fibre node in R21 through which Africa INX provides Internet, MPLS and other related services. RADWIN 5000 point-to-multipoint solution delivers high-capacity of up to 200 Mbps and guarant...