Author: Duncan McLeod

JSE-listed 4Sight Holdings has agreed to sell its subsidiary Digitata, which it bought in 2017, for R91.9-million, to its original owners.

Top executives at JSE-listed IT services group EOH Holdings, including CEO Stephen van Coller, will have their salaries cut by 25%, while those earning more than R250 000/year will see their pay reduced by 20%.

EOH Holdings reported a 21.8% decline in total revenue to R6.4-billion in the six months to 31 January 2020, but losses decreased as it said it was making headway with its turnaround plan.

Icasa will temporarily assign spectrum in the 700MHz, 800MHz, 2.3GHz, 2.6GHz and 3.5GHz bands, with licensees required to submit their applications by no later than Thursday.

Communications regulator Icasa has moved to quash conspiracy theories spreading through social media that next-generation 5G networks pose a health risk to consumers.

Yoco, which provides point-of-sale solutions to more than 80 000 small and medium businesses in South Africa, is ideally placed to measure the impact of the Covid-19 lockdown on this segment of the economy.

EOH Holdings is poised to slash employee salaries by as much as 20% in an effort to stave off a potential Covid-19 lockdown-induced crisis at the JSE-listed IT services group.

Mike Stopforth joins TechCentral for a discussion on what the Cerebra founder and former CEO has planned next. He also looks back at the founding, growth and eventual sale of Cerebra to WPP.

The West Africa Cable System has begun carrying traffic again after a cable break off the coast of England last week interrupted services between South Africa, and other African countries, and Europe.

Meal-kit delivery service start-up UCOOK, which provides the ingredients to help people make high-quality homemade meals, has seen a huge spike in demand since the start of the Covid-19 lockdown in South Africa.