Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
Author: Duncan McLeod
Duncan McLeod
Duncan McLeod is founder and managing editor of TechCentral. With more than 30 years of experience in technology journalism, he has worked for and contributed to a range of publications, including the Financial Mail, the Sunday Times and the Financial Times.
JSE-listed Datatec has agreed to sell its Analysys Mason business for as much as £210-million, with the proceeds to flow directly to the group’s shareholders.
After successfully halting analogue switch-off on 30 June, e.tv has said it knows it needs to vacate the analogue spectrum bands as soon as possible.
The constitutional court gave communications minister Khumbudzo Ntshavheni a bloody nose on Tuesday after it sided with e.tv in a high-stakes legal battle.
Eskom has announced that for only the second time in history, the country will be subjected to stage-6 load shedding.
Eskom has warned that there is a “very real risk” of stage-6 load shedding during the evening peak on Tuesday as an illegal strike at Eskom intensifies and turns violent.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.
Communications minister Khumbudzo Ntshavheni has blamed the recent floods in KwaZulu-Natal and parts of the Eastern Cape for a delay in the roll-out of digital set-top boxes.
Eskom will implement severe load shedding from 11am on Friday to conserve its emergency reserves as some of its workers, striking illegally, blockade its power stations.