On The Money - In Brief

Mergers, Acquisitions and Financial Results

-Vodafone Ghana has launched a new staff business slogan "The Vodafone Way", aimed at a significant shift in the work culture of employees and partners of the telecom giant to make it more customer oriented.

- The National Energy Regulator of SA (Nersa) announced that power will go up by 24.8% from April, meaning consumers and businesses will have to make drastic changes in the way they consume electricity. Local consultancy sustainableIT says this year's price hike takes an average company's costs from R0.50 per kWh to R0.62 per kWh. With energy rates set to spiral in future, the company says it's imperative that organisations look to other avenues to contain costs, with IT being a key element. Intelligent power management of computing environments and the data centre can help achieve aggressive return on investment, it argues.