Assistive TechnologyInnovation

Transnet’s Digital Procurement Platform Receives Prestigious Business School Recognition

Transnet has been honored with the Gordon Institute of Business Science Logistics Achiever Gold Award for its groundbreaking e-Tender solution. The digital platform has reportedly revolutionized procurement processes while driving significant cost savings and operational improvements across the state-owned enterprise’s supply chain operations.

Digital Transformation in Public Procurement Recognized

State-owned enterprise Transnet has received the Gordon Institute of Business Science (GIBS) Logistics Achiever Gold Award for its innovative e-Tender procurement platform, according to reports from the recent awards ceremony. The recognition, presented at the GIBS Business School in Johannesburg, highlights what analysts suggest is a new national benchmark for public sector procurement systems.

BusinessPolicy

Fujitsu UK Receives £80 Million Bailout After Post Office Horizon Scandal Fallout

Japanese technology giant Fujitsu has been forced to provide an £80 million emergency cash injection to its UK business. The funding comes as the Post Office Horizon scandal continues to severely impact the company’s financial performance and future prospects.

Japanese technology conglomerate Fujitsu has been compelled to inject £80 million into its struggling UK operations as the devastating fallout from the Post Office Horizon scandal continues to cripple the company’s commercial prospects and order pipeline. This emergency funding from the Japanese parent company represents one of the most significant corporate bailouts directly linked to the ongoing legal and reputational crisis.

Financial Strain and Balance Sheet Pressures