Kaspersky Lab has warned of a surge in Koobface, the highly prolific worm infecting social networking sites. The malicious program targets sites such as Facebook and Twitter and uses compromised legitimate web sites as proxies for its main command and control server.

The annual results released yesterday by MTN confirm the growing role of data services for African mobile operators. The group reported that approximately 15% of its revenues last year came from data. Frost & Sullivan sees this as a clear indication that the days of data consisting only of basic SMSs and accounting for less than 10% of an operator's revenue are gone.

Electronics manufacturer and technology group Tellumat says the government is making the right moves to strengthen the economy through incentives that encourage local productivity.

MTN Group revenues increased by 9,2% to R111,9-billion and earnings before interest, tax and depreciation by 6,7% to R46,1-billion for the year ended 31 December 2009.

Faritec Holdings may have found a solution to its fund raising problems and, if a debt-to-equity arrangement succeeds, the company believes it will be in a position to make a full recovery.

The financial performance of the Datatec group remains in line with the expectations it published on 14 January 2010, with revenues of between $3,7-billion and $4-billion expected.