Global IT spend set to surge 13,5% to $6,31trn

Worldwide IT spending is expected to reach $6,31-trillion in 2026, up 13,5% from 2025, according to the latest forecast by Gartner. “This latest forecast underscores the accelerating momentum in AI infrastructure and advanced memory,” says John-David Lovelock,...

IMF outlook masks rising FX risk for SMEs

As the International Monetary Fund (IMF) releases its April 2026 World Economic Outlook, pointing to a fragile and uneven global recovery, fintech company Verto warns that South African SMEs trading internationally are facing a growing and often underestimated threat:...

Esquire Online confirms security breach

Esquire Online, a division of Esquire Technologies South Africa, confirms that it has identified and contained a security incident involving unauthorised access to part of its online ordering platform. The incident was detected on Friday, 24 April 2026, and involved...

Pace Digitek partners with NEC XON to scale BESS solutions

Pace Digitek, together with its subsidiary Lineage Power (LPPL) has announced an original equipment manufacturer (OEM) partnership with NEC XON, South Africa. Under this partnership, NEC XON will market, distribute and deploy the company’s product portfolio, including...

Memory and SDD shortage set to impact SA

The memory and SSD crisis is real – and it’s broader and faster‑moving than many in the IT industry expect. This is the stark warning from Craig Nowitz, CEO of Syntech, who recently returned from the Hong Kong electronics shows and a week of factory visits in China....