Author: Staff Reporter

The Competition Commission has approved JSE-listed technology group Altron’s acquisition of identity management security specialist Ubusha Technologies.

MTN South Africa said on Wednesday that inroads are being made in the fight against battery theft at its base stations and that police are making progress in shutting down the syndicates behind the scourge.

Naspers’s Prosus, through its OLX Brazil business, has agreed to spend R9.9-billion to buy Grupo ZAP, described as one of the fastest-growing technology companies in the South American country.

JSE-listed technology services group Datatec is exploring the possibility of listing the Latin American arm of its Logicalis subsidiary on the Brazilian stock exchange, B3.

JSE-listed technology group Altron has appointed Mark Harris, a former MD of IBM South Africa, as the new permanent MD of its Altron Nexus subsidiary following a tumultuous period for the business.

Seacom, said on Monday that it has reached an agreement with India’s Tata Communications to offer high-speed connectivity between Africa, Europe and Asia.

Cryptocurrency exchange Luno has added the ripple, or XRP, cryptocurrency to its platform in response to growing demand for so-called “altcoins”.

Naspers-controlled Internet investment firm Prosus is leading a $113-million (R1.7-billion) funding round in Swiggy, India’s largest food delivery platform.

JSE-listed technology services group EOH Holdings has appointed Anushka Bogdanov as its new lead independent non-executive director, replacing Andrew Mthembu, who was recently named as chairman.

Epsidon Technology Holdings has acquired Nology, a specialist distributor of converged Internet protocol solutions to service providers, network operators, systems integrators and resellers in Southern Africa.