Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
Apply today for a FREE subscription to CIO Magazine!
Electronic Payment Company Records Increased Revenue
Electronic payment company Net1 has recorded a 24 percent increase in revenue this quarter over the same period last year.
November 13, 2008 — IDG News Service —
Electronic payment company Net1 has recorded a 24 percent increase in revenue this quarter over the same period last year.
The figures demonstrate success despite disruptions in the financial markets and concerns about a weakening global economy, said Net1 Chairman and CEO Serge Belamant.
Revenue rose to 530 million South African rand (US$51.4 million) from 429 million rand a year ago, while net income rose by 60 percent to 204 million rand from 127 million rand.
The NASDAQ-listed company, which debuted on the Johannesburg Stock Exchange this year, saw basic earnings per share rise by 59 percent to 3.57 rand from 2.24 rand.
"The company maintained an outlook of 15 percent fundamental earnings per share growth on a constant currency basis for fiscal 2009," said Net1 chief financial officer Herman Kotzé.
Net1 develops and operates electronic payment technologies to deliver grants and wage payments, and to enable consumers to pay their bills through systems such as Easy Pay.
The company has a South African subsidiary, Prism, which develops secure online transaction technologies for e-commerce. The payment system uses secure smart cards that operate offline, allowing users to transact at any time, even in remote areas, as long as a portable card reader is available.
The company's payment systems target developing economies and the unbanked population of 4 billion.
Copyright © 2008 IDG News Service. All rights reserved. IDG News Service is a trademark of International Data Group, Inc.
The Intelligent Enterprise
The Case for A Specialized Security Platform
Protecting the Code: Technology Escrows Safeguards Critical Software
Optimizing Infrastructure Control
Enterprise Findability without the Complexity
Google Case Study: Agile Software
Google Search Appliance - New Features
Complexity is Good
Raising the Bar on Business Service Delivery: Best Practices in Application Performance
Paving the Way for Trusted Collaboration
Enabling the Global Enterprise
Get a grip on your mobile workforce Webcast
Resource Alerts
Get instant email notifications by topic when white papers, webcasts, and case studies are added to our library.
Report: Companies Use Word Out of Habit, Not Necessity
Italy Antiterror Law Stunts Wi-Fi, Critics Say
Auditor: IRS Still Vulnerable to Cyber Breaches
Hackers Deface NATO, US Army Web Sites
Dell Shows Its New Ultraslim Adamo Laptop
Amazon Releases Point-and-Click Console for EC2
Would You Cut Off 10 Facebook Friends for a Whopper?
Microsoft Tries to Ignite Struggling Windows Home Server Market
Amazon Releases Point-and-Click Console for EC2
Palm's Pre is Coming to Europe, Says CEO
Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
Over 25 tutorials on everything from business intelligence to virtualization.
- CIO|
- Computerworld|
- CSO|
- DEMO|
- Game Pro|
- Games.net|
- IDG|
- IDG UK|
- IDG Connect|
- IDG Tech Network |
- IDG World Expo|
- Industry Standard|
- InfoWorld|
- ITworld|
- JavaWorld|
- LinuxWorld|
- MacUser|
- Macworld|
- Network World|
- PC World|
- Playlist|
- CIO UK|
- CIO Germany|
- CIO China|
- CIO Sweden|
- CIO Australia|
- Other CIO Sites
