Media24 and Takealot will merge their online fashion stores Spree and Superbalist to create a new platform for the sale of fashion goods on the Internet. The new venture will be held 51% by Media24, Spree’s current
Author: Staff Reporter
There was no equities trading taking place on the JSE on Monday morning after a technical glitch prevented the market from opening. In a statement, the JSE said the equity market has not opened due to “certain
The world’s largest cloud computing provider, Amazon Web Services, has opened its first physical point of presence in South Africa. The company, which is owned by online retail giant Amazon.com, said
South African insurance group Liberty has been hit by hackers, it said on Saturday evening. In a message sent via SMS to customers, Liberty said: “Liberty regrets to inform you that is has been subjected to unauthorised access to its IT
Vodacom Group CEO was paid R50.3-million in pre-tax salary and other benefits, including short- and long-term incentive bonuses, in the 2018 financial year, while chief financial officer Till Streichert scored R16.2-million
Eskom confirmed just before 6pm on Thursday that it has been forced to implement stage-one load shedding. This is due to a strike by the utility’s workers which has involved “acts of intimidation and sabotage”. Spokesman
Just two weeks after announcing it had acquired 100% of ICT infrastructure provider Bridging Technologies SA (BT-SA), Isaac Mophatlane’s Randvest Capital has acquired a stake in MyCybercare, a cyber insurance
Seacom has upgraded its submarine cable system that connects South Africa and East Africa to Europe. The upgrade has added 500Gbit/s of capacity, taking the total capacity on the route to 1.5Tbit/s. The cable was last
JSE-listed technology group Altron has acquired Microsoft partner iS Partners in a deal worth R225m. The acquisition is subject to Competition Commission approval. Altron CEO Mteto Nyati said the deal gives
Vodacom Group has announced a planned R17.5bn black economic empowerment deal with Royal Bafokeng Holdings, Thebe Investment Corporation and existing BEE shareholder YeboYethu that will take its BEE ownership to about