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Scandalous $35m overspend on vaccine software? Ministry hits back 7 May, 2021 05:20 AM 10 minutes to read A top health boss has bit back at claims that the Government overspent by up to $35 million on a new vaccine management system after a no-tender procurement process. But, at the same time, a number of IT industry figures have backed a complaint that Orion Health chief executive Ian McCrae laid with the Auditor-General yesterday. McCrae wants a full review of the procurement process for a new software system to manage vaccinations - including the crucial Covid-19 inoculation programme - which the Ministry of Health has said would cost $38m ($15m from money already allocated for a new system, plus $23m from a contingency fund), with US giants Salesforce and Amazon as key technology partners. ....
13 hot tech companies sold offshore: Did NZ benefit? 13 minutes to read This month has seen two substantial technology companies sold offshore, with Auckland-based retail software firm Vend going to NYSE-listed Lightspeed for $450 million, and Christchurch geologic 3D modelling outfit Seequent acquired by Nasdaq-listed Bentley Systems for $1.45b. Backers were quick to claim that jobs would stay in New Zealand (Vend and Seequent employ some 400 locally between them) and that investors like Movac and Punakaiki Fund (Vend) and Pencarrow (Seequent) would recycle money back into the local tech ecosystem. A look back at 13 past high-profile tech sales (from a field of many more) reveals that sometimes that happens … and sometimes it doesn t. ....
Luxury apartment in Clifton sold for R30 million by Pam Golding Properties to a foreign buyer. (Supplied) The SA residential property market offers foreign investors excellent value for money owing to the exchange rate, say local agents. In SA, many can afford a high-end lifestyle at a fraction of what it would cost in many other international locations. Coastal areas such as Plettenberg Bay, Durban s North Coast and Cape Town offer the lifestyle many foreigners are seeking. South Africa has an accessible property market and favourable exchange rate - and this bodes well for foreigners looking for long-term investments. This is according to Grahame Diedericks, manager principal at Lew Geffen Sotheby s International Realty in Midrand, who believes the SA market is a value purchase for offshore investors. ....
supplied/Supplied Fisher & Paykel Healthcare staff are asked to wear CovidCards and face masks on site to minimise the chance of a disruption to production of its respiratory aids which are saving lives around the world. Fisher & Paykel Healthcare has provided CovidCards to all its 4000 New Zealand staff so it can trace close contacts quickly if any of its staff are infected with Covid. Vice president Marcus Driller said the company needed to go “above and beyond” to reduce the risk of a manufacturing disruption because of its role in helping treat Covid around the world. “We are the leading provider of two of the primary respiratory therapies that are used to treat Covid and anything that stopped production at this time would impact patients globally,” he said. ....