Author: Staff Reporter

Huge Group is acquiring Otel in a share-swap deal involving its subsidiary, Huge Networks, the JSE-listed telecommunications specialist said in a statement to shareholders after markets closed on Thursday.

Technology group Altron said on Thursday that is has appointed Cedric Miller as its new chief financial officer. He will join the group on 1 May.

Eskom implemented stage-one rotational load shedding on Thursday, then progressed the blackouts to stage two later in the day. The state-owned utility blamed a “shortage of capacity” for the move.

Samsung’s tap-and-pay service is coming to more banks. The company said on Monday that Samsung Pay will soon work for Investec and Discovery Bank account holders.

Uber rival Taxify is changing its name to Bolt, the Internet ride-hailing company said on Thursday.

FNB and RMB Private Bank customers who own a compatible Samsung smart device now have the option to use Samsung Pay to make secure contactless payments.

Huawei said on Tuesday that its Cloud offering is now available in South Africa.

Open-access fibre telecommunications specialist Dark Fibre Africa has made its first move outside South Africa.

JSE-listed technology group Altron plans to move out of its staid corporate offices in Parktown to a new, 29 000sq m campus in Woodmead, north of Johannesburg, being developed by Growthpoint Properties.

Aerobotics, a Cape Town-based company that pairs drone and satellite imagery with artificial intelligence to help farmers improve their yields, has announced it has expanded a its Series-A funding round.