New shares will be offered in the ratio of 227 rights offer shares for every 100 ordinary shares held, the IT services group said.
Author: Duncan McLeod
If Sim cards are being sold in South Africa that have already been through the Rica process, what’s the point of the legislation?
JSE-listed IT services group EOH Holdings has outlined a plan to restructure its debt following a planned rights issue.
Telkom and Rain have walked away from a transaction that could have seen the JSE-listed operator buying the wireless broadband upstart.
Dimension Data has filed papers against several former top executives, including Jeremy Ord, over the transaction involving the sale of its head office in 2019.
Keabetswe Modimoeng, the former chairman of Icasa, has joined pay-television broadcaster MultiChoice in a senior role.
Ayo Technology Solutions has severely criticised the JSE after the bourse on Thursday publicly censured the company.
The JSE has fined Ayo Technology Solutions and publicly censured the company over further breaches of the listings requirements.
Through another auction, Icasa plans to license additional spectrum that’s suitable for 4G, 5G and future mobile broadband technologies.
The top industry executive has warned that extreme load shedding is having a severe impact the telecommunications sector and on consumers.











