Author: Staff Reporter

Technology group Alviva Holdings reported a 17% improvement in headline earnings per share in the six months ended 31 December 2020 but warned of further uncertainty ahead.

Convergence Partners, the investment vehicle created by businessman Andile Ngcaba, has acquired Ctrack’s operations in Africa and the Middle East from Nasdaq-listed Inseego.

JSE-listed Imperial Logistics announced on Tuesday that it has bought South African e-commerce logistics specialist Parcelninja. Terms of the deal were not disclosed.

Even with the 15.63% tariff hike to be implemented on 1 April, Eskom considers its electricity tariffs to be far from cost-reflective. Yet further big price hikes will mean alternative sources of energy become more viable.

Tarsus Technology Group, the ICT distributor that is currently the subject of a takeover bid by Alviva Technology Holdings – the parent of Axiz and Pinnacle – has appointed Anton Herbst as its new CEO.

Five criminals, who were found guilty on 50 counts of copper cable theft involving infrastructure owned by Telkom and Eskom, have been sentenced to a combined 1 250 years in jail.

BritBox, the British streaming joint venture launched by ITV and the BBC Studios, will be available in South Africa some time in the second half of 2021, the companies said on Tuesday.

Mastercard and MTN Group on Tuesday announced that they have formed a partnership that will allow millions of MTN Mobile Money customers to pay for goods and services on global e-commerce platforms.

JSE-listed MTN Group, Africa’s largest mobile operator by subscribers, has committed itself to achieving net zero emissions by 2040.

The party will request that Facebook be summoned to appear in parliament to face questions about its role in “misinformation” and the protection of digital privacy of South African users.