Mondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S (“Olmuksan” or the “Company”) from International Paper for a total consideration of €66m. The implied enterprise value on a 100% basis would amount to around €88m. Olmuksan is a leading and well-established corrugated packaging player in […]
While there is a progressive drive towards digital and electronic transactions, the reality is that cash still plays a dominant and valuable role in the South African economy, for both consumers and retailers. That’s according to Mark Templemore-Walters, operations director for Cash Connect, a leading provider of automated cash management and payments solutions. He shares […]
By Karl Fischer, DevOps Team Lead at Obsidian Systems With worldwide cybersecurity spending expected to approach $42 billion by the end of this year, businesses are increasingly turning their attention to solutions that feature integrated protection. The proliferation of multi-cloud environments and Shadow IT systems are further driving the need to orchestrate, manage, and create […]
Spark ATM Systems, South Africa’s leading independent ATM deployer, won five awards at the tt100 Business Innovations Awards. The company also proudly added the Fintech Award of the 2020 Africa Tech Week Awards to its trophy cabinet. The tt100 Business Innovation Awards programme was launched in 1991 to create awareness of the role of technology […]
With 2020 now done and dusted, and harsh socio-economic lessons learnt, retailers can now turn their attention to 2021 and a new year with new opportunity to reward customers and secure market share. To this end, business owners would do well to pay close attention to trends that now define loyalty and loyalty-based programs, according […]
In the industrial space, employee relations comprise three critical components which are inextricably linked: employee value propositions, employee wellness, and employee relations. To succeed in the fast-paced economies of today, organisations must employ advanced systems and develop innovative analytics capabilities to ensure these areas flourish. According to René Schoeman, Human Capital Specialist Consultant at LabourGenie.Net, […]
While President Cyril Ramaphosa has announced that South Africa’s Covid-19 vaccine strategy is well underway, with 20 million doses to be delivered in the first half of the year, this is just the first step, and effective supply chain management will be the key ingredient for a successful vaccine roll out, according to SAPICS, Southern […]
The fast and definite approach of the enforcement of the Protection of Personal Information Act (PoPIA) has left many uncertain about the boundaries of consent within this new piece of legislation. To avoid substantial penalties, organisations must have consent for all the data possessed by the organisation. PoPIA was implemented on the 1st of July […]
By Grant Lapping, Managing Director at DataCore Media Even with the good news about successful vaccine trials around the world, we’re most likely still months away from the end of the COVID-19 pandemic. Consumer behaviour is far from returning to normal and it seems unlikely that people will return to all of their former habits […]
The CCMA is receiving record numbers of retrenchment referrals, thanks to the pandemic The Commission for Conciliation, Mediation and Arbitration (CCMA) received 28 000 retrenchment cases from May to June 2020 during the lockdown. In August it revealed that it had received 190 large-scale retrenchment referrals and 1 307 small-scale retrenchment referrals in that month alone. While […]